Bord Na Móna posts record profits driven by renewables

Company recorded a profit of €95.2m, an increase from €78.9m in 2022

The company will pay a dividend to the exchequer of €37.8m following the strong financial year. Picture: Eamonn Farrell/RollingNews.ie

Semi-State company Bord Na Móna has recorded its highest annual operating profit in its history, driven by its renewable energy division as well as rising prices in the energy market.  

According to the latest results from the company’s financial year 2023, Bord Na Móna recorded a profit of €95.2m, an increase from €78.9m in 2022.