Dermot Kennedy's touring company makes record €1.76m profit for 2022

The post profit of €1.769m for the 12 months of last June compare to post tax profits of €81,877 for the prior Covid-19 hit year.

Best known for hit tunes such as ‘Giants’, ‘Paradise’, ‘Better Days’ and ‘Outnumbered’, Kennedy last year made up for lost stage time during Covid with a slew of dates across Australia, the US, the UK, Europe and Ireland.

Profits at the touring firm owned by the one of the country’s most popular artists, singer song-writer, Dermot Kennedy last year increased 21 fold to €1.769m.

New accounts show that Kennedy’s Riggins Touring Ltd bounced back from the Covid-19 enforced shut-down of the live music industry to make record profits for the company in 2022.