Profit & Loss: Inside the world of private Irish businesses

Volvo Ireland grew its sales of new cars by 27.7 per cent, from €45.2 million to €56.3 million in 2016.

It produced a pre-tax profit of €263,403, down from €387,211, but the company had warnings about the strength of the market in 2017.

The company noted that the launch of the S90 model “has been slower than anticipated, largely due to unprecedented competitor activity in the segment following the UK’s decision to leave ...