Top 100 NI firms make £1bn profit

Published Friday, 22 August 2014
Comments
Toggle font size
Print

The top 100 companies in Northern Ireland made a record £1bn profit over the past year.

According to Ulster Business, combined profit was up 60% from 2013 while turnover also increased from £20.48bn to £21.07bn.

Poultry firm Moy Park topped the survey for the third year in a row with sales of £1.09bn.

Glen Electric, Caterpillar NI, Gortmullan Holdings, John Henderson Holdings, Power NI, Lissan Coal Company, Short Brothers, Fane Valley Co-Operative and W&R Barnett rounded out the top 10.

David Elliott, editor of Ulster Business, said: "This year's Top 100 list shows Northern Ireland's biggest companies have emerged from the downturn with renewed vigour.

"The increase in overall turnover in the last 12 months is heartening, but it's the jump in profit which really stands out, proving the last few years of consolidation have left the Northern Ireland economy as a lean, efficient and profitable machine.

"And if there is one common theme running through nearly all the Top 100 companies, it is export, proof that tapping into overseas markets is the key to success in today's globalised world."

© UTV News
Comments Comments
0 Comments
No comments. Be the first to comment.
POST A COMMENT:
Name:  
Email address*:    
Location:  
Validation:
House Rules:  
Your Comment:  
[All comments are moderated and will not appear immediately. Your name, location and comment will be displayed on this page if your post passes moderation.]
MOST POPULAR GALLERIES
Lynda Bellingham: 1948-2014
Mon 20 October 2014
Ryder Cup 2014 - Day One
Fri 26 September 2014
The X Factor: Judges
Fri 03 October 2014