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
A company owned by the founders of daft.ie, 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 adverts.ie daft.ie, gumtree.ie and donedeal.ie.
The group made the dividend payout last year as the Distilled group’s pre-tax profits increased by 13 per cent to ...