Donegal group’s revenues hit €87m

Donegal Investment Group has reported a 57% rise in operating profit for 2013 to €2.6m, with revenues up 8.1% to €86.8m.

The company’s adjusted operating profit came in at €2.9m for the financial year versus €1.8m for the same period in 2012. The group’s share stayed at a fairly constant €6.80 on yesterday’s Irish Stock Exchange.

“We were particularly pleased to see our earnings per share rise 13.5% to 50.4c,” said managing director Ian Ireland.