Saturday October 31, 2020

Tipperary man earns €43.2m from Enfer

Businessman Louis Ronan earned another €8 million in dividends last year from Enfer Technology, a Tipperary company that manufactures BSE test kits.

28th January, 2006

Businessman Louis Ronan earned another €8 million in dividends last year from Enfer Technology, a Tipperary company that manufactures BSE test kits.

Ronan drew dividends totalling €43.2 million from the firm over the three years to the end of 2004. However, his dividends have fallen steadily during that time, from €21 million in 2002 to €14.2 million in 2003.

The reduced dividend in 2004 appears to reflect the 28 per cent drop in Enfer’s sales to €21.1 million...

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