Group retendering for Dublin Airport business after revenue jumped by more than 50% in the 12 months to the end of January last
Since year end, “the group has turned to a more normalised level of trading in a post-Covid-19 environment”, directors said.
The group’s DAA contracts were up for renewal post year-end, directors said, adding that they are retendering for these contracts “and are confident that the contracts will be successfully renewed”.The group’s modest pretax profit last year came after Government grants of €1.89 million are taken into account. This follows €550,299 received in Government grants in 2020.The group recorded operating profits of €186,073 before interest charges of €136,135.
Numbers employed in the businesses increased from 88 to 106 last year and staff costs increased to €2.62 million from €1.58 million. Directors’ pay jumped 82 per cent to €207,846.At the end of last year, the group had shareholder funds of €2.2 million and cash funds surged to €1.49 million. Entities within the group were in court earlier this month in a row involving members of the Wright family over the use of a storage facility at Howth Pier, claiming they have been wrongfully locked out of a storage unit by two members of the Wright family who are not part of the business. They secured an interim ex-parte injunction securing their access to the store pending a full hearing.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First person to get the Covid vaccine in Ireland has died | Her.ieThe first woman to receive the Covid-19 vaccine in Ireland has sadly died at the age of 81.
Read more »
First woman to get Covid-19 vaccine in Ireland dies as tributes are paidShe is survived by her three children – John, Alan, and Paula
Read more »
Prison visits return to normal after two yearsPrison visits return to normal today after almost two years of Covid restrictions.
Read more »
'Don't delay' - HSE urges those eligible to book next Covid-19 booster jabThe HSE is calling on everyone to check whether they are eligible for a booster vaccine, but particularly those who work in healthcare, are over 50 or are over 12 and have an underlying health condition or who are immunocompromised. HSELive
Read more »
New Covid biobank important for patient care - ministerA bank of biological data which will help with research into Covid-19 and other viruses is coming into operation.
Read more »