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Hillbreak Ltd, the company behind Dublin's famous Temple Bar pub, reported pretax profits of €9.61 million, up 46.4% year-on-year, as revenues climbed 16% to €38.35 million. The group, controlled by Tom Cleary, also received planning approval for a new 43-bedroom hotel in the area.
The hospitality group operating one of Ireland's most recognised pubs, The Temple Bar in Dublin's Temple Bar district, recorded pretax profits of €9.61 million for the 12 months to the end of October, representing a substantial increase of 46.4 per cent compared with the previous year.
New consolidated accounts filed by Hillbreak Ltd, the company controlled by Tom Cleary, show that the rise in profitability was supported by a 16 per cent increase in revenues, which climbed to €38.35 million. Hillbreak was incorporated in May 2022 and includes Temple Inns Ltd, the entity that directly operates the famous pub, among its subsidiaries. Operating profits at group level also grew strongly, rising by 27 per cent to reach €11.46 million during the same period.
After accounting for a corporation tax charge of €1.3 million, the group reported an after-tax profit of €8.29 million. The company's accumulated profits stood at €24.35 million at the end of October, while shareholder funds included cash reserves of €24 million. Pay to directors remained unchanged at €300,000. The pub itself gained additional attention last year when a customer's drinks receipt went viral on X, attracting around 85,000 views and displaying a pint of Guinness priced at €10.45.
The receipt carried a note explaining that all prices include live music and a cover charge, along with 23 per cent VAT and excise duty. According to the pub's website, ordering a pint directly to a table now costs €10.95, while a pint of Heineken or Carlsberg is priced at €11.95.
In a related development, Dublin City Council granted planning permission in May to Chambers Properties Ltd, another Cleary-linked company, for a 43-bedroom hotel development facing onto Dame Street and Eustace Street in the Temple Bar area. The project is expected to further expand the hospitality footprint associated with the group in one of Dublin's busiest tourist districts.
The Temple Bar pub remains a central landmark in the area, drawing significant footfall from both domestic visitors and international tourists, and its financial performance reflects the continued strong demand for hospitality services in the heart of the capital
The Temple Bar Hillbreak Ltd Tom Cleary Dublin Pubs Hospitality Profits
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