AA Ireland after-tax profit dips to €10.3m

AA Ireland — the takeover of which has just been completed by private equity fund Carlyle Cardinal Ireland — saw its profits dip to €10.3m in the year to the end of January 2016.

The financial services and roadside assistance firm’s after tax profits fell 8.8% in the year despite an increase in turnover to €51.4m.

AA Ireland’s revenue was boosted by more people taking out membership with 128,300 customers now signed up in total.