Convention Centre Dublin on track for sustained growth

The operator of the Convention Centre in Dublin has said the venue remains on track for strong performances this year and next after more than doubling its profits in 2015.

Newly-published accounts for Spencer Dock Convention Centre Dublin Ltd show an operating profit of €5.04m being generated in 2015; up from one of €2.46m in 2014. Turnover jumped over 18% to €22.73m, last year.

Adjustments for interest and financing costs saw the company post a pre-tax profit of €17.79m for last year, wiping out the previous year’s pre-tax losses of nearly €5.8m; and net debt fell by €46m to €103.4m.