Companies

Profit & Loss: O’Neills sports profits soar while PrepayPower owners share €1m dividend

Revealing who is up and who is down as we go inside the world of private Irish businesses

Profits soar for O’Neills sportswear to €1.9m

The company behind sports apparel company O’Neills made a gross profit of €13.2 million in 2022, an increase on the gross profit of €11.7 million it made the previous year.

After expenses, the company’s pre-tax profit stood at €1.9 million, a 27 per cent increase on the €1.5 million profit it made in 2021.

O’Neill’s said it had “seen the business environment impacted by the challenges of inflation, ...