Companies

Profits boom at Danny Healy-Rae plant-hire firm

Profits topped €1.1 million at Healy-Rae Plant Hire - which is just one arm of the Kerry family’s business empire

Danny Healy-Rae, the Independent Kerry TD

Healy-Rae Plant Hire, the plant-hire and civil engineering company owned owed by Danny Healy-Rae, the Independent Kerry TD, had retained earnings of €4.7 million at the end of 2022, new accounts show.

The company made a profit for the year of €1.1 million, compared to a profit the previous year of €1 million.

The accounts show that the company was sitting on tangible assets worth €2.3 million, which was mostly made up of the value ...