Packaging and construction products group Quinn Industrial Holdings Limited (QIHL) has struck an agreement for its founder Seán Quinn to step down from his job as a consultant to the firm, but it appears to have kept the door open to the involvement of Quinn family members.

Quinn Industrial Holdings Limited – QIHL — the packaging and construction products group to which founder and former tycoon Seán Quinn returned to work over a year ago — said profits, sales and jobs had all increased as it planned further significant investments in its operations.