Ardonagh, the owner of Ireland’s largest insurance broker, has increased its earnings nearly fivefold in five years through an aggressive buying spree and expansion into new markets.
Irish people were over two times better-off than the average EU citizen last year, figures show, but the data is exaggerated by the number of foreign firms here.
Bulmers maker C&C Group says it expects profits in the year to the end of February 2023 to have nearly doubled, the latest big corporation to have seen a spike in profitability during the peak of inflation.