Davy racks up retained earnings of €123m for 2019
The Dublin-based stockbroker had cash of €162m included in its total assets of €581m
Retained earnings at Davy, the country’s largest stockbroking firm, stood at €123 million in 2019, according to documents seen by the Business Post.
The figure was largely unchanged on the previous year, but it is understood that all the company’s divisions were profitable in 2019.
The figures in the statements show Davy had cash and cash equivalents of €162 million included in its total assets of €581 million.
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