‘Best ever’ sales stoke National Stud profits

The Irish National Stud tripled its profit in 2014, largely due to a successful year in yearling sales, new accounts show.

The Kildare-based thoroughbred horse breeding facility recorded a post-tax profit of €1.8 million in 2014, compared to €570,078 in 2013.

Chairman of the National Stud, Matt Dempsey, said that it had one of its best-ever years at the sales when a filly by Invincible Spirit out of Propaganda sold for €720,000 – ...