Ed Sheeran and Dua Lipa sales contribute to €1.38m profit for Warner Music Ireland

The company recorded post-tax profits of €1.18m after paying €204,387 in corporation tax

Ed Sheeran on stage at Páirc Uí Chaoimh. Picture: Eddie O'Hare

Music sales by Ed Sheeran, Dua Lipa and Westlife last year contributed to the Irish arm of music giant, Warner Music recording pre-tax profits of €1.38m.

New accounts filed by Warner Music Ireland Ltd show that the firm’s revenues increased by €1.5m or 11pc from €14.2m to €15.37m in the 12 months to the end of September last.