ADM Londis plc, one of the leading retailers in the country, has reported a 20% jump in pre-tax profits to €6.1m as a result of more store openings in 2007.

ADM Londis, which yesterday reported a 20% increase in pre-tax profits to €6.1 million, will open 40 new stores this year.

Ireland’s first all-weather racecourse at Dundalk has officially been given the go-ahead after the board of Horse Racing Ireland approved maximum grant aid of €10.276m for the project.

Dundalk Stadium today presented its proposals for Ireland’s first all-weather racetrack.

The Board of ADM Londis has rejected an offer for ADM Limited by BWG Limited.