Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shutterstock/Derick Hudson

Pope visit and extreme weather send profits at Dublin Zoo company tumbling

Profits last year decreased by 71% from €2.6 million to €765,000.

THE POPE’S VISIT and extreme weather last year contributed to profits tumbling at the company that operates Dublin Zoo.

New accounts for the Zoological Society of Ireland which operates Dublin Zoo and Fota Wildlife Park show that profits last year decreased by 71% from €2.6 million to €765,000.

The sharp drop in profits comes against the background of visitor numbers decreasing at Dublin Zoo by 88,818 last year from 1,108,728 to 1,019,910.

The directors state that 2018 was the eight year in a row that visitor numbers topped the one million mark at Dublin Zoo.

Visitor numbers at Fota Wildlife Park decreased from 455,559 to 424,889.

The drop in visitor numbers contributed to revenues for the Zoological Society declining by 3% from €21.43 million to €20.75 million.

Dublin Zoo was forced to shut its doors for three days during August 2018 during the visit of Pope Francis.

The forced closure followed the Zoo having to contend with the Beast from the East and one of the hottest Summers on record here.

In an interview last December, Director of Dublin Zoo, Leo Oosterweghel claimed the pontiff visit “pulled the rug” from beneath them in terms of visitor numbers.

He stated: “First there was the extraordinary winter, it was hard to recover. Then we had this incredibly hot summer.”

Oosterweghel added: “Then his holiness arrived the last week of August – we were closed for that whole period.”

He said that is usually the Zoo’s biggest week of the year.

The profits at the Zoological Society were last year hit by increased staff costs from €6.68 million to €7.19 million as numbers employed increased from 162 to 167.

Thirteen key management shared €1 million in pay.

The profits were also hit by the Zoological Society’s non-cash depreciation costs increasing by €477,000 from €2.54 million to €3 million.

Total funds at the end of last year at the Zoological Society amounted to €29.9 million.

View 61 comments
Close
61 Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel

     
    JournalTv
    News in 60 seconds