Sunday July 12, 2020

Hereworks targeting 30 per cent growth in profits

Smart tech firm has €6.5 million investment plan in train

24th November, 2019
Tomás MacEoin, chief executive, Hereworks

Hereworks, a smart tech offshoot of the McKeon Group family construction business, is targeting ambitious growth and profits this year for its Internet of Things-led expansion.

Hereworks generated a turnover of €5.5 million last year and that is expected to hit €8.4 million this year, with a profit rise of 30 per cent also expected.

A €6.4 million group investment plan is in train including Enterprise Ireland funding of €100,000 to support its international sales strategy.

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