Profits rise at investment company owned by former Glen Dimplex chief Sean O’Driscoll

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Glen-Dimplex Nouvelles

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Roaring Waters Capital Ltd, which is owned by former Glen Dimplex chief executive Mr O’Driscoll and his wife, made a profit for the year of €5.9m

Roaring Waters Capital Ltd, which is owned by Mr O’Driscoll and his wife, made a profit for the year of €5.9mSean O’Driscoll, the former CEO of Glen Dimplex Group, who has a range of investments in listed and unlisted accounts.Accumulated profits at an investment company owned by Sean O’Driscoll, the former Glen Dimplex chief executive, leapt from €14.1 million to €20 million in 2023, new financial accounts show.

During the year it bought €10.3 million worth of shares and sold down €9.8 million, though it gave no indication of which shares it bought and sold, or when it bought and sold them.Trump’s pitch for ‘crypto-president’ is a merger of the bizarreOverall it grew the size of its investment portfolio from €13.2 million at the start of the year to €15.3 million. It was also owed €2.5 million by debtors – other group undertakings – and had €1.3 million in cash.

He also has an 11.32 per cent stake in Malin Corporation, the life sciences company, which is currently worth around €12 million.

 

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