Profits climb at company of racehorse trainer Aidan O’Brien

The racehorse training and bloodstock firm operated by the country’s most successful horse trainer Aidan O’Brien last year had a bumper year record profits of over €625,000.

Showing that the Co Wexford native has the Midas touch on and off the race course, figures lodged with the Companies Office show Mr O’Brien’s Whisperview Trading Ltd also increased its accumulated profits by €626,630 from €5.99m to €6.61m in the 12 months to the end of January last year.

Mr O’Brien oversees the Ballydoyle stable at John Magnier’s Coolmore empire in south Tipperary.

The figures show that the cashpile at his firm increased almost three-fold from €234,609 to €635,589. It posted profits of €366,685 in 2014 and €1.26m in fiscal 2013.

Over the course of the last five seasons, Mr O’Brien horses have won over £18.79m (€21.73m) in prize money in the UK.

They have included 73 wins and another £14.27m in prize money from the Irish flat season which included £9.9m from 466 wins.

The accounts to the end of January 2015 cover the 2014 Irish flat season when Mr O’Brien-trained horses won £3.8m in prize money, including £2.68m from 94 wins.

The Irish performance eclipsed Mr O’Brien’s horses’ prize-winning exploits in the UK during the same year, when the horses trained by Mr O’Brien won £2.88m in prize money, including £2m in wins.

The accounts show that the value of the company’s tangible assets last year totalled €12m.

The value of the firm’s financial assets were unchanged at €980,001, while the value of the investment properties was also unchanged at €250,000.

The amount owed by the firm in bank loans was €3.52m last year. Revenues are not disclosed as the firm is not required to disclose detailed accounts as it classified as a small company.

The successive profits at the firm over the last four years represent a turnaround in fortunes for the firm that recorded a loss of €48,994 in 2011.

Mr O’Brien has been the trainer for Mr Magnier’s Coolmore Stud operation since 1996.

He and his wife Anne-Marie O’Brien are listed as the only two directors of Whisperview.

A highlight for Mr O’Brien in the year under review was Australia, giving him his third successive Derby at Epsom, in June 2014.

Ridden by his son Joseph the horse, a son of Galileo, made it the first time that a trainer ever saddled the flat racing Classic winner three years running.

At the time, Joseph O’Brien said that Australia was the best ever horse he had ridden.


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