Profits surge 170% to €31m at Irish arm of Harvey Norman

The directors state that the new store openings “strengthened our brand further in the west of Ireland”.

Pre-tax profits at the Irish arm of Harvey Norman increased almost threefold to €31.08m last year.

New figures show that the electrical and furniture retailer recorded the 170% or €19.59m jump in pre-tax profits as revenues soared by 51% or €139.4m from €271.72m to €411.12m in the 12 months to the end of June last.