Profits down 27% at operator of Powerscourt Estate

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Pre-tax profits at the company behind the Powerscourt Estate in Enniskerry, Co Wicklow last year declined by 27% to €2.49m.

New accounts filed by Powerscourt Estates Limited, the tourism and leisure company behind the famous Enniskerry attraction, show that pre-tax profits decreased as revenues rose by €1.1m - or 18% - from €6.23m to €7.33m.The company counts various members of the Slazenger family as directors, including general manager, Sarah Slazenger.

The firm last year approved a dividend payment of €604,624 and this followed a dividend payout of €676,258 in 2021.The tourist company last year recorded operating profits of €2.13m and it benefited from €605,510 in income from other financial assets offset by €250,012 in interest payments. The firm also received €23,514 in Government grants last year which was down sharply on the €220,882 received in 2021.The business charges adults €12.50 and children €5 for admission to the estate's gardens which stretches over 47 acres. The gardens date back to 1731.

Numbers employed by the business last year increased from 68 to 73 though 28 of the total provide services to other group companies.

 

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