University College Cork set to record €7m surplus

Remarkable financial turnaround comes less than a year after university posted an €8m deficit 

University College Cork confirmed that staff were informed of draft financial results 'which indicate that the university has returned to a surplus' for the financial year to September 2024. Picture: Denis Minihane

University College Cork (UCC) looks set to record a €7m surplus less than a year after it posted an €8m deficit.

Details of the remarkable financial turnaround were outlined to university staff at a town-hall style briefing by UCC president Professor John O’Halloran on Thursday.