Profit surge to almost €121m at Glen Dimplex Europe

Glen Dimplex founder Martin Naughton

Gordon Deegan

Pre-tax profits at the main Irish-based unit of Glen Dimplex, an electrical goods company owned by the Louth-based Naughton family, increased last year to €120.93m.

New consolidated accounts filed by Glen Dimplex Europe Holdings Ltd show the business enjoyed the boost in profits as revenues rose by 2pc from €944.03m to €962.7m in the 12 months to the end of September last.