Breanagh Catering, owned by Cathal and Paula jackson, is making a strong comeback after teh challenges posed by the COVID-19 pandemic. The company’s latest accounts reveal a 4% increase in revenue, reaching €11.78 million in the 12 months ending January 31, 2024.This surpasses pre-pandemic revenue levels,signaling a full recovery for the business.
Despite this positive trend, Breanagh Catering experienced a 10% drop in pre-tax profits compared to the previous year, with profits declining to €2.8 million.
During the two years of pandemic-related restrictions, Breanagh Catering faced a cumulative revenue loss of €20.7 million due to the shutdown of the late-night
industry.
nightclub and bar sales,a key revenue driver for the company,showed meaningful growth,increasing by €457,000,or 4.5%, to reach €10.46 million this year.
This recovery signifies the resilience of the hospitality industry and the public’s eagerness to return to pre-pandemic social activities.
The future of design is rapidly evolving, with generative AI tools like Midjourney emerging as powerful collaborators. This technology , based on intricate algorithms, has learned to create stunning visual art from simple text prompts.
Launched in 2022 by an independent research lab, Midjourney steadily gained popularity through its invite-only beta program.It harnesses the power of a complex machine learning model to transform textual descriptions into unique and captivating images. Users can experiment with a variety of artistic styles, from photorealistic renderings to surreal and abstract artworks.
What sets Midjourney apart is its focus on community and collaboration. Users can share their creations, participate in themed art challenges, and provide feedback to refine the AI’s output. This open and iterative approach fosters a vibrant community of artists, designers, and enthusiasts who are pushing the boundaries of generative art.
“The community aspect of Midjourney is really special,” said one user, who has seen their artistic skills flourish through the platform. ”
“The potential of Midjourney extends beyond just creating stunning images,” explained an expert in the field of AI and design. “It has the potential to revolutionize industries like advertising, fashion, and gaming.” Imagine generating customized product visuals, designing unique character concepts for video games, or crafting personalized apparel designs – all through the power of AI-generated art.
While generative AI is still in its early stages,Midjourney provides a glimpse into a future where human creativity and artificial intelligence work in harmony. As the technology continues to evolve, we can expect even more innovative applications and breathtaking artwork to emerge from this exciting collaboration.
Dublin Hotel Becomes Emergency accommodation as Housing Crisis Deepens
Copper Face Jacks on Harcourt Street,Dublin. Photo: Collins
This progress sheds light on the dire need for more permanent solutions to address Ireland’s housing shortage. While the use of hotels provides immediate relief for those in desperate circumstances, it is not a enduring long-term strategy.
The situation underscores the urgency for the government to implement thorough policies aimed at increasing the supply of affordable housing and addressing the root causes of Ireland’s housing crisis.
Copper Face Jacks: Dublin Nightclub Reports Profitable Year entertainment complex.
Established in February 1996 by Cathal Jackson, Copper Face Jacks has solidified its position as a Dublin nightlife institution.The company’s accounts,signed on October 22nd,revealed a strong financial performance despite accounting for €583,120 in non-cash depreciation costs and asset impairments.Operating lease charges amounted to €199,120.
Furthermore, the business saw operational expenses of €1.11 million for cost of sales and €7.99 million for administrative expenses. Staff costs rose to €4.57 million, reflecting an increase in employees from 137 to 141.
Director compensation rose to €1.43 million, encompassing remuneration of €289,651 and a ample €1.15 million contribution to the Jackson family’s pension pot. This significant pension contribution follows a similar €1 million contribution in the prior year.
Cathal Jackson opened Copper Face Jacks in February 1996
These financials provide a glimpse into the continued success and strategic management of Copper Face Jacks, a Dublin mainstay that continues to attract a loyal clientele.
Copper face Jacks: still Going Strong Despite Market Challenges economy .
Despite these challenges, Copper face Jacks remains financially sound. As of January 2023, the company had accumulated funds totaling €15.39 million.While the cash on hand dipped slightly from €8.7 million to €8.48 million, the company’s overall financial position appears stable.
Founded by Michael jackson in February 1996, Copper Face jacks holds a special place in Dublin’s nightlife scene. After putting the business up for sale in March 2019, with industry insiders speculating a potential sale price of €40 million, Jackson reversed course in november 2019. A company memo informed staff that the nightclub was no longer for sale,as Jackson had decided to remain actively involved in the business.
technology to enhance the Alex Reed experience, while staying true to the core values that have defined Copper Face Jacks for generations.VIDEO
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