Saturday November 28, 2020

Tom Lyons on Business

Mulryan’s Ballymore makes massive pre-tax profits in Britain

31st December, 2017
Sean Mulryan, chairman and chief executive of Ballymore group: made pre-tax profits of £518 million in Britain Pic: Fergal Phillips

Almost a decade since the crash, Roscommon-born developer Sean Mulryan’s Ballymore Properties has notched up whopping pre-tax profits of £518 million in its British arm. The gains follow upward revaluations of various investment properties, strong sales and other factors.

Turnover in Ballymore Limited and subsidiaries jumped 25 per cent to £692.7 million to the end of March with the company recording a gross profit of £122.9 million.

The return to fortune of Mulryan marks...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account

Tina-Marie O'Neill | 2 months ago

Several strategic changes offer an opportunity for positive reform of planning and development

Niall Byrne | 2 months ago

The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery

Todd G Buchholz | 3 months ago