Profit & Loss: inside the world of private Irish business

Club Travel Holdings, the travel agency owned by Liam Lonergan, saw turnover rise from €117.4 million to €132.8 million in 2016.

The company saw its pre-tax profits rise from €4.4 million to €6.5 million, pushing its accumulated profits from €32.3 million to €36.2 million. It had assets worth €70.9 million, with €23.7 million in amounts owed by debtors and €47.2 million in cash.

Club’s profits were mostly generated in Ireland (€129.5 million), with ...