Eddie Irvine firm sees profit race 57% ahead

The logistics group part- owned by former Formula One racing driver Eddie Irvine last year enjoyed turbo-charged pre-tax profits, which shot up by 57% to £580,025 (€698,226).

New figures show that Jenkins Shipping Group Ltd saw its revenues rise by 4% to £16.1m in the 12 months to the end of April last.

The company’s shareholders, including Mr Irvine, shared a dividend of £236,000 during the year.