Bord na Mona returns to profit
The group, whose focus is increasingly on the renewable energy sector, yesterday reported an after-tax profit of just over €9.2m for the 12 months to the end of March. This represented a turnaround from a loss of €16.3m the previous year.
Operating profit amounted to €23.5m, compared with a loss of €3.7m in the preceding year; and pre-tax profits topped €12.5m, after a €12.7m loss in the prior year. Group turnover grew by 11% to €426.1m; mainly boosted by fuel sales over the long period of winter weather.
