Holiday village operator posted profit of €7.4m and forecasted that demand would rise higher than pre-pandemic levels

Money could be used to create a distributable dividend for the firm’s parent company, or to fund the planned expansion of the holiday village’s Longford site

Longford resort posted €16m after-tax loss last year but predicts rebound in 2022

Martin Dalby will move into the position of non-executive chairman of the upmarket holiday village operator, which is reportedly preparing for a billion-pound auction of the business