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Company Watch

Company Watch

Hostelworld profits up as global travel sector bounces back

Revenue for first quarter hits 115 per cent of pre-Covid levels after cost-cutting measures and recovery of tourism in Europe, Asia and Oceania
  • Ellie Donnelly
  • March 25, 2023
Company Watch

Keyword Studios relocated over 400 employees from Russia in 2022

After the Russian invasion of Ukraine, Keywords, which has its HQ in Dublin, began the process of relocating most of its staff to countries like Poland, Serbia, Armenia and Malta
  • Ellie Donnelly
  • March 20, 2023

A Simply Better
Christmas

Delicious recipes by Neven Maguire

Company Watch

Hospitality Vat rate should be around 10%, says Dalata chief

The chief executive of Ireland’s largest hotel group says the Vat rate for the hospitality sector is lower in many European countries
  • Ellie Donnelly
  • March 6, 2023
Housing

Shrink gardens to cut house prices says Glenveagh boss

Stephen Garvey said the listed housebuilder was frustrated at delays to new guidelines that could shrink garden sizes by up to a third
  • Donal MacNamee
  • March 1, 2023
Company Watch

Edmond Scanlon says Kerry Group ‘well positioned’ in plant-based products market

The firm slowed down launch of new products in the second half of last year in order to refine its current offering in the vegetarian and flexitarian market
  • Ellie Donnelly
  • February 19, 2023
Company Watch

FD Technologies continues with its graduate hiring strategy

The Newry-basd tech firm is a ‘great place for grads to find their first experience of work’, with its two-year structured training programme
  • Ellie Donnelly
  • October 22, 2022
Company Watch

Cairn Homes in ‘unique position’ in undersupplied Irish market, say analysts

Fears around inflation have depressed valuations and the housing group’s share price ‘is not adequately reflected in its current valuation’
  • Ellie Donnelly
  • September 10, 2022
Company Watch

Dalata rules out buying old hotels as it continues expansion

Irish company behind Maldron and Clayton brands is building new hotels in five cities in Britain and has its eye on Europe
  • Ellie Donnelly
  • September 3, 2022
Company Watch

Company Watch: Kenmare profits riding high on buoyant mineral prices

The Irish mining company said low production volumes in the first half of the year had been offset by record prices for titanium minerals
  • Lorcan Allen
  • August 20, 2022
Company Watch

Peter O’Dwyer: Flutter’s focus moves Stateside as it eyes potential American riches

Recent comments by the gambling giant’s chief executive Peter Jackson indicate that it is pivoting away from its traditional base of Britain and Ireland
  • Peter O'Dwyer
  • August 13, 2022

Company watch: Bookings boost for Hostelworld but Ukraine war casts a shadow

With net revenue up 10 per cent, the online travel agent remains cautiously optimistic, though concerns remain over Ukraine effect on fuel prices
  • Ellie Donnelly
  • April 3, 2022

Company Watch: DCC’s US expansion continues after record $610m deal to acquire Almo

The eye-watering purchase of the US electronics company is just the latest example of DCC’s longstanding fondness for big-ticket acquisitions
  • Lorcan Allen
  • December 19, 2021

Company Watch: Greencore takes stock after surprise departure of chief executive

Patrick Coveney’s generally successful tenure at Greencore, during which time it grew into Britain’s leading convenience food business, will be marred by the failed attempt to conquer the US
  • Peter O'Dwyer
  • December 5, 2021

Material cost rises will cause small distillers to struggle, Pat Cooney says

Award-winning Boann Distillery has pushed for a wider definition of Irish pot still whiskey to allow for industry to become more innovative as market consolidates
  • Barry J Whyte
  • November 28, 2021

Company Watch: Aer Lingus hopes for post-Covid take-off as US flights sell out

The airline has lost €270 million so far this year, but is optimistic that it can slowly return to normal now the US is opening up for travel
  • Lorcan Allen
  • November 7, 2021

Company watch: Smurfit Kappa deftly dodges trap of surging wood pulp prices

The packaging giant has thrived, reporting a 10 per cent year-on-year increase in profits
  • Lorcan Allen
  • November 7, 2021

Company watch: As profits double in one year, Cairn positions itself to become a ‘national housebuilder’

The construction company’s interim results reveal operating profit of €11.7 million in the first half of the year, while several large housing developments are on the way in Cork, Kilkenny and Galway
  • Peter O'Dwyer
  • September 12, 2021

Company Watch: Crowley hopeful of healthy outlook for Dalata as restrictions ease

The hotel group took a battering during the pandemic, but its incoming chief executive is optimistic of better times ahead
  • Peter O'Dwyer
  • September 5, 2021

CRH reports impressive results against against multiple rising costs

Ireland’s biggest company, which is also the biggest supplier of asphalt in the United States, recorded a 25 per cent jump in earnings to $2 billion and a dividend rise of 4.5 per cent to 23c per share
  • Peter O'Dwyer
  • August 29, 2021

Company Watch: Flutter spends big to win big in the US

The bookmaker is spending $291 on average to attract each American customer, but the tactic looks likely to place it far ahead of all its competitors when the dust settles
  • Peter O'Dwyerand
  • Aaron Rogan
  • August 15, 2021

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