Storm Emma, along with the timing of key sporting events, contributed to pre-tax profits at Intersport Elverys last year declining by 67% to €486,869. 

Intersport Elverys operates 51 stores around the country and online from elverys.ie.

New accounts show that the company sustained the sharp drop in pre-tax profits after revenues decreased by 3.5% from €79.84m to €77.05m. 

The directors for Staunton Sports Ltd state that trading performance for the year declined driven by the timing of key sporting events, team results and unusually adverse weather conditions. 

The Castlebar headquartered company highlighting challenges posed by the timing of key sporting events follow the O'Neills sports company stating this week that the shortening of the GAA championship season with the All-Ireland finals taking place earlier hit sales of their products last year. 

The directors' report for Staunton Sports stated that in common with all companies in Ireland, the business is facing challenges from other online websites and from the uncertainty surrounding Brexit. 

But the directors said the company is well positioned to manage these problems. 

The directors also stated that since the end of last year, the company has continued the refurbishment of existing stores, closed non-performing stores and relocated one store in Thurles. 

The directors said they remain optimistic on the future prospects of the company as a result of the upward trend in consumer sentiment coupled with an improvement in the general economic climate here. 

The company's operating profits last year reduced by 55% to €834,219 and interest payments of €347,350 reduced profits to a pre-tax profit of €486,869. 

The company recorded a post tax profit of €414,721 after paying corporation tax of €72,148. 

The profit takes account of non-cash depreciation of €1.26m. 

Numbers employed by the business last year declined from 642 to 633 as staff costs reduced from €13.2m to €12.7m.
 
At the end of last year, the company's shareholder funds totalled €7.35m. The company's cash pile reduced from €4.2m to €3.65m.