Ciarán Hancock, left, business editor of The Irish Times, presents the 2021 Company of the Year Award to Ger Rabbette, CEO Uniphar at last year's Irish Times Business Awards. Photograph: Conor McCabeFour companies have been shortlisted for The Irish Times Company of the Year award, as part of the fifth Irish Times Business Awards, which are being run in association with Bank of Ireland.
The shortlisted companies are building materials giant CRH, airline Ryanair, hotel company Dalata and drinks group Irish Distillers. In November, CRH said it was sticking to its $5.5 billion full-year earnings forecast, even as its Europe Materials division had weakened as it grappled with higher energy prices and euro weakness against the dollar. CRH also recently announced plans to extend its share buyback programme , having increased its interim dividend earlier this year.
Ryanair has rebounded strongly following two years of Covid-19 restrictions on air travel. The airline, led by Michael O’Leary, posted a record interim profit of €1.37 billion for the six months to the end of September. It also increased its forecast for passenger numbers for the year and brought forward full pre-Covid pay restoration for employees on the back of its strong trading performance.
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