Ballymaloe House valued at €2.1m as business grows profits

Allen family business saw accumulated profits rise to €3.4 million in 2022

Ballymaloe House. Picture: Getty

The Allen family’s Ballymaloe House business grew its accumulated profits from €2.3 million in 2021 to €3.4 million in 2022, new accounts show.

Yeats Room Limited, which is controlled by members of the family, had income for the year of €2.3 million in the year to the end of October 2022, a rise on the previous year’s figure of €1.9 million, and it made a profit of just over €1 million compared to a profit ...