Cork-based Kearys Motor Group posts record €320m turnover while rising costs hurt profits 

Motor group said it incurred higher operating expenses as a result of increased wages and salary costs as well as higher depreciation charges arising from additions

Bill Keary, Chairman and Brendan Keary, CEO of Kearys Motor Group. Pic Daragh Mc Sweeney/Provision.

Another boost in post-pandemic demand saw revenue at Cork-based Kearys Motor Group surpass record levels in 2024, rising by 14% to €320m.

Newly filed accounts by MRBP Motors Unlimited Company, trading as Kearys Motor Group, show the company's turnover rose by almost €40m in the 12 months ending in February 2024, with the group saying it "performed well," aided by "strong customer demand."

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