Denis Desmond boosted by Festival Republic

The country’s most successful concert promoter, Denis Desmond, has added to his fortune by sharing a dividend totalling £5m (€5.9m) from his Festival Republic business last year.

Denis Desmond boosted by Festival Republic
Wed, 03 Aug, 2016 - 01:00
Gordon Deegan

Last year, the Irish arm of Festival Republic staged the sold-out Electric Picnic at Stradbally, Co Laois.

New figures for its UK arm, Festival Republic Ltd just lodged with Companies House in the UK show that the company recorded a 30% decrease in pre-tax profits last year to £3.86m.

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Courtsdenis desmondBusinessFinanceFestival RepublicMusicconcertsPlace: Stradbally, Co LaoisPlace: UKPerson: Denis DesmondPerson: DesmondPerson: Melvin BennEvent: RepublicEvent: Electric PicnicEvent: Reading and LeedsOrganisation: FestivalOrganisation: Festival RepublicOrganisation: Festival Republic LtdOrganisation: ’s Gaiety InvestmentsOrganisation: Live NationOrganisation: Festival Republic Ltd.
<p>Under the model, the HCCI said that home care referrals are issued simultaneously to all approved providers, who must respond immediately to secure the allocation.</p>

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