Thursday 29 September 2016

Dan Dooley car hire returns to profit as revenues soar

Published 31/07/2015 | 02:30

Revenues at the independent car rental company increased from €19.6m to €23.2m last year, new figures show
Revenues at the independent car rental company increased from €19.6m to €23.2m last year, new figures show

One of the country's largest independent car rental firms, Dan Dooley, returned to profit to record pre-tax profits of €1.13m last year.

  • Go To

New accounts filed by Dan Dooley Group show that revenues rose by 18pc from €19.66m to €23.25m in the 12 months to the end of November last.

Group chairman Dan Dooley said that "the group remains optimistic for the future and will continue with its present growth led strategy".

The pre-tax profit in 2014 followed the group recording pre-tax losses of €330,122 in 2013 that arose from an exceptional one-off non-cash cost of €689,701.

At the end of November last, the group's shareholder funds stood at €12.87m while the firm's cash increased from €2.3m to €2.9m.

Numbers employed increased to 91.

Remuneration for the group's three directors, Daniel Dooley, Patrick Dooley and James Dooley, decreased from €302,513 to €301,863.

GORDON DEEGAN

Irish Independent

Read More

Promoted articles

Editors Choice

Also in Business