Apcoa Ireland records €1.87m profit

The Irish subsidiary of Europe’s largest parking- services company recorded a gross profit of more than €1.87 million last year, according to accounts filed to the Companies Office.

Apcoa Parking Ireland Ltd last year increased its annual gross profit by 18 per cent, while its cash balance almost doubled to €1.62 million during the same period.

The firm employs 99 people in Ireland and had a wage bill of €2.74 million in 2014. Directors received €169,380 but no dividend was paid last year.

Pretax operating profit amounted to €510,227 in the 2014 financial year.