Friday July 10, 2020

Sean Quinn's former manufacturing empire makes €5.9m profit

Figure is turnaround on €14.6 million loss in 2014

Barry J Whyte

Chief Feature Writer

22nd April, 2016
Quinn's cement factory

Profits at Sean Quinn’s former manufacturing business, Quinn Industrial Holdings Ltd, stood at €5.9 million at the end of December 2015, up from a loss of €14.6 million in 2014.

The company had revenues of €202.7 million, a 25 per cent rise on the previous year’s revenue of €161.7 million, according to a statement from the company.

Its earnings before interest, taxes, depreciation and amortisation stood at €16.6 million, the figures show, up from...

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