Druids Glen golf course makes a return to profitability

DRUIDS Glen golf course, which was the setting for the infamous golf game between former taoiseach Brian Cowen and former chairman of Anglo Irish Bank Sean FitzPatrick, has returned to profitability.

Druids Glen golf course makes a return  to profitability

Accounts just filed by Druids Glen Golf Club Ltd to the Companies Office, confirm that losses widened at the Co Wicklow company from €3.8 million to €5.2m in the 12 months to the end of December 2010.

However, a note attached to the accounts states that increased costs caused the losses last year and “the majority of these costs were exceptional and incurred as a result of restructuring the organisation to place the company in a better position for the future”.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited