Parking enforcement group APCOA reports turnover of almost €18m

Pre-tax profits amounted to €1.8m in 2024

Parking enforcement firm APCOA reported turnover in Ireland up 8% to almost €19m, with 2025 revenue predicted to be even higher. 

Parking enforcement firm APCOA reported turnover in Ireland up 8% to almost €19m, with 2025 revenue predicted to be even higher. 

The company's annual results for 2024 showed the company brought in €18,974,875, up from €17,562,687 the previous year. Pre-tax profits amounted to €1,843,820. "The annual results reflected the improved trading on 2023, with increased business across all sectors," the company's financial statement said. 

APCOA manages car park facilities for university campuses, business parks, hotels, hospitals, apartment blocks, shopping centres, transport companies, and on-street parking schemes for local authorities. APCOA operates in 700 locations nationwide, including 13 locations in Cork city and its environs and seven further locations across Munster.  

APCOA added an additional city centre multi story carpark in Dublin in 2024, after being awarded the Dublin City Council Drury Street carpark contract.

Overall, the company employed 206 workers during the year, up from 190 in 2023.

"Core areas of the business such as enforcement, management contracts, new business wins, all contributed to the encouraging 2024 result. The directors expect these business areas to remain strong and further improve in 2025," the financial statement said. 

In recent years APCOA has also adapted some of its facilities as urban hubs, serving as logistics centres, charging points for EVs, e-scooters and e-bikes or pick-up and drop-off points for mobility providers. The company said it will continue to roll out EV solutions as part of its growth strategy. "Going forward, the company will look to continue to grow and develop its on-street contract customer base as well as winning new management contracts and further developing and growing the aforementioned urban mobility business sector," the company's statement said.

"The 2024 results have demonstrated that the business has performed well. Results in the first five months of 2025 have further improved, demonstrating that the core business remains strong and that all key indicators such as financial trading, cashflow, retentions, and new business continue to be positive," the company's financial statement said.