Pre-tax profits at Denis O’Brien’s Siteserv soar 80% to €14m

Pre-tax profits at the Denis O’Brien-owned Siteserv last year almost doubled to €14.24m, new accounts show.

The group, recently rebranded as Actavo, achieved the 80% increase in pre-tax profits after revenues soared by 36%, going from €239m to €323.6m in the 12 months to the end of December last.

The directors of the group state that revenues in 2015 will hit €400m, a 67% increase on 2013, while the number of Siteserv employees grew to 3,367 over 50 locations.