Golden Pages lets €21m profit do the talking

THE Golden Pages directory made profits of just under €21 million in 2002, the year it was sold by Eircom for €185m.

Profits for the year to December 31 were ahead by 46%, while turnover for the year was also ahead, up from €61.5m to €66.1m, according to accounts filed recently at the Companies Registration Office (CRO).

The Golden Pages was one of the first businesses to be sold by Eircom when the Valentia consortium, led by millionaire businessman Tony O'Reilly, took control of the former semi-state in late 2001.