Pre-tax profits at Irish-owned Barchester nursing home group hit €63.18m

Irish racing tycoons John Magnier and JP McManus own Barchester with Dermot Desmond. Photo: RollingNews.ie

Pre-tax profits at the UK nursing home group owned by three of Ireland’s best known businessmen last year increased by 44pc to £54.8m (€63.18m).

New consolidated accounts filed by Barchester Healthcare Ltd show that the business recorded the sharp rise in pre-tax profits as revenues increased by £95.8m or 11pc from £871.04m to £966.8m.

source

Leave a Reply

Your email address will not be published. Required fields are marked *