Profits dipped at Elverys to €6.59m in 2024 after 'exceptional Rugby World Cup year'

Sports retailer has planning permission to redevelop the former Debenhams/Roches premises on Cork's St Patrick's Street

On January 28 last, Cork City Council issued a final grant of permission to connected firm, Tricondale Ltd, to redevelop the former Debenham’s Store on Cork’s St Patrick's Street, which it purchased in May 2023 for a reported €12m.

Pre-tax profits at the operator of Intersport Elverys in 2024 declined by 7% to €6.59m, after an "exceptional" 2023 performance as a result of the 2023 Rugby World Cup.

New accounts filed by Staunton Sports Ltd show pre-tax profits fell as revenues dipped by 2% from €129.24m to €126.6m in 2024.