Friday February 28, 2020

Canadian plastics buy delivers for One51

H1 pre-tax profits up 37 per cent despite weaker sterling

26th August, 2016
One51 chief executive Alan Walsh Pic: RollingNews.ie

Pre-tax profits were €11.3m, up from €8.2m in the same period last year as revenue jumped 51 per cent to €214.2m.

Chief executive Alan Walsh said IPL had performed ahead of expectations since its acquisition and delivered very strong results during the first half of the year. He said earnings in Britain were affected by the fall in the value of sterling in the wake of Brexit.

"Other potential impacts of Brexit are...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The narrative of the Sinn Féin surge suggests that politics in Ireland is becoming more polarised like in the US and Britain, but the reality is far more complex

Colin Murphy | 1 week ago

Bank chief McDonagh says move would create better work environment for young parents and people with caring responsibilities

Killian Woods | 1 week ago

Despite a belated show of independence, the US attorney general has been a willing pawn in Trump’s interference in criminal investigations being carried out by the Department of Justice

Marion McKeone | 1 week ago