Sports group’s profitsscore

The Co Sligo-based sports group that counts Real Madrid and Barcelona amongst its clients is set for a record year in 2014 and is on course to achieve €5 million in profits.

World soccer stars, Lionel Messi and Cristiano Ronaldo adorn pitches laid by Support In Sport at the Nou Camp stadium in Barcelona and Real Madrid’s Bernabeu every week and the company’s chief executive George Mullan said yesterday that revenues at the group are expected to jump 14% this year to a record €37m with profits set to exceed €5.1m.

The group only installed a new pitch at the Bernabeu at Real Madrid last month and for less celebrated professional footballers at Celtic Park in Glasgow at the same time. Support In Sport carried out a ‘returf’ of Barcelona’s Nou Camp in 2013.

Support In Sport has also provided pitches for the Africa Cup of Nations, World Cup finals, the European Champions League and Six Nations Rugby.

Sligo man, Mullan established SIS in 2001 employing just two people. The group employs 220 people. He confirmed, yesterday, that SIS is tendering for its first stadium project in Qatar — scheduled host of the 2022 World Cup.

Other key projects include constructing new pitches at two World Cup stadiums in Russia — for the 2018 tournament.

He added: “In the UK, Support In Sport has been selected as one of six companies who will tender for work in the ‘Framework’ — which is the main funding body for the FA, Football Foundation and the RFU. This is for four years and is worth over £40m (€51m) to Support In Sport. This is the second time Support In Sport has been selected for the Framework.”

Accounts just filed by the firm’s UK arm show that it increased its pre-tax profits by 25% to £159,699 in 2013 after revenues jumped by 11% to £11.65m.

The group’s manufacturing facility is based in Cumbria.

“Support In Sport is also investing over $1m (€791,797) in Angola where we are going to build the first purpose-built landscape farm near the capital in Luanda. The investment is paying off, but it has taken time,” Mr Mullan added, regarding future projects.


Lifestyle

As the clocks go ahead, so does your style. Corina Gaffney picks your new wardrobe heroesFashion forward: Spring fashion as the clocks change

Des O'Sullivan gives an overview of the changed dates for much-anticipated salesAntiques & FIne Art: What events are put on hold for now?

Virtual auctions a welcome distraction, writes Des O’SullivanBuyers adapt with ease to bid online while grounded

I wish I could write us all back in time, when we could pop to the shops without fear, when grandparents did not have to wave through a window at their grandchildren.Michelle Darmody: Recipes with simple ingredients

More From The Irish Examiner