Daft founders’ pre-tax dividend tops €7m as parent firm enjoys increased revenues

Property website recorded a ‘robust 7 year-on-year increase’ in sales in 2022 versus 2021, helped by growth in new homes completions

New accounts filed by Distilled Ltd, which operates, show that the online business enjoyed the surge in profits as revenues increased by 9 per cent from €33.76m to €36.67m in 2022

A company owned by the founders of, Eamonn and Brian Fallon last year shared a pre-tax dividend of €7.44 million.

The dividend payout of €7.44 million to the Fallons’ DML Capital Ltd was part of an overall €19.49 million dividend paid out to shareholders by Distilled Ltd, which operates, and

The group made the dividend payout last year as the Distilled group’s pre-tax profits increased by 13 per cent to ...