Gilroy firm on a winner

Dublin All-Ireland winning football manager, Pat Gilroy, enjoyed success on and off the pitch last year, with new figures showing his services firm doubled its pre-tax profits to €4.9m in 2011.

Gilroy’s day job is as managing director of the Dublin-based Dalkia, employing 441 people, and new figures show the firm increased its pre-tax profits by 168% from €1.85m to €4.97m.

Gilroy, and the four other directors of the company took a remuneration, including pension payments, of €290,455 last year — down 31% on the aggregate remuneration of €422,148 which they received in 2010.

The chief factors behind the increase in profits was a drop in cost of sales and operating expenses.

The figures show that the cost of sales declined from €63.8m to €61.1m with operating expenses dropping from €10.3m to €8.9m. Dalkia Ireland yesterday declined to comment.