Top 100 NI firms make £1bn profit

Published Friday, 22 August 2014
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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
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