Fexco sees retained earnings hit €300m

The Kerry-based financial services giant Fexco saw its retained earnings smash through the €300 million barrier in 2016.

As an unlimited company, Fexco is not required to disclose all of its financial information. But a snapshot of its details are published on its website for regulatory purposes.

That statement reveals that retained earnings hit €304 million this year, and that by the end of 2015 it had retained profits of almost €290 million.