Bord na Móna to pay state ‘enhanced’ €38m dividend after posting record profits

Semi-state reported record operating profits of more than €95 million for its 2023 financial year

Bord na Móna chief executive Tom Donnellan. Picture: Bryan Meade

Bord na Móna, the semi-state energy company, has posted record profits for its 2023 financial year on the back of the “extraordinary energy market conditions” over the last 18 months, pledging to pay a special dividend of almost €38 million back to the state.

On Wednesday, the company announced it made an operating profit of €95.2 million for the 12 months to the end of March 2023, up more than 20 per cent on last ...