Revenues at Veolia Water Ireland, which is one of 25 companies involved in designing, building and operating water infrastructure for Irish Water, rose from €34.9 million to €36.6 million between 2013 and 2014.
However, an increase in administrative expenses saw profits drop from €1.1 million to €1 million. The company paid dividends of €3.7 million to its parent company, Veolia Water Enterprise UK.
Veolia Water Ireland employed 162 people in 2014, up from 159 the previous year. It...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures