Henchy may take consumer division public

Brian O’Mahony, Chief Business Correspondent

Over the next few years, the group plans to at least double turnover in this division from E250 million to E500 million as part of its evolving strategic plan. Floating on the stock market was one route to be considered, said chief executive Jerry Henchy.

“Such a move would have to have the full backing of the group,” he said, adding that it could only happen “if the owners of the business want it.”