Sale of €1.4m colt lifts Goffs’ results

The €1.4m sale of the colt Beauty Parlour helped pre-tax profits at bloodstock firm Goffs gallop ahead by 54% to €3.16m in the past year.

The sale of the horse was part of a ring turnover of €39.9m at the annual Orby Sale at Goffs and formed part of a ring turnover of €171.2m at Goffs in the year to the end of last March this year as the firm had a bumper year.

The total ring turnover increased by 7.5% and Goffs chairman Eimear Mulhern described the period as being “another very good year for the company”.