Dragon positive despite losses
Mr Gallagher was commenting on returns for Smarthomes for the 12 months to the end of December 2009, which show that the Dundalk-based company recorded after tax losses of almost €500,000.
Co-owner of the firm, Mr Gallagher, said: “Notwithstanding the challenges in the economy, Smarthomes is re-inventing itself and in the next three to five years, I expect Smarthomes to be bigger and more profitable than it has been in the past.”