Limerick TD Willie O’Dea’s London-listed property company saw a 24 per cent rise in revenues last year, the company’s accounts show.
Turnover at Formation Group rose from £23.764 million (€27.523 million) to £29.410 million on the back of the strong London property market.
Profits after tax rose to £2.785 million, up from £1.814 million, the accounts show.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team