Birchford posts pre-tax profit after asset sales

Turnover at Birchford Investments, the main holding company of millionaire developer and businessman Terry Devey, increased by €6.4 million to more than €46 million last year.

2nd June, 2007

Turnover at Birchford Investments, the main holding company of millionaire developer and businessman Terry Devey, increased by €6.4 million to more than €46 million last year.

Birchford made a pre-tax profit of €4.7 million for the year ending March 31, 2006, a significant improvement on the previous year when the firm posted a loss of €7.1 million, according to new accounts.

The company went into the black after recording a €4.8 million profit from the sale of...

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