Nursing home firm owned by Irish billionaire trio sees £90m rise in turnover

Barchester Healthcare, the British nursing home company part-owned by JP McManus, John Magnier and Dermot Desmond, had a £90.9 million (€104.4 million) rise in turnover in 2022, from £675.9 million to £766.8 million.

The company had a pre-tax profit of £31.8 million, up from £4 million the year before, and its accumulated profits rose from £159.7 million to £182.6 million, the new accounts show.

The company’s chairman, John Coleman, said in a statement as part ...