Jones Engineering, one of the largest privately owned companies in the state, has paid out a €26m dividend to its owners.
The Dublin-based company, which is marking 125 years in business, increased its dividend payments by €14m after profits went up to more than €35m. The company reported a 9% rise in turnover to €337m for 2015, according to accounts.
Eric Kinsella, the executive chairman, holds a 64% beneficial interest in the company. Jim Curley, the chief executive, and John King, its finance director, hold 27% and 3%.
The company has substantially increased its workforce from close to 1,000 people in 2013 to more than 2,000 this year.
Founded in 1890 as a family plumbing business in Rathmines, Dublin, the company has grown into a leading international engineering services contractor that operates across Ireland, Europe and the Middle East. Speaking at an event in Trinity College last month to mark Jones’s 125 years in business, Curley said the priority for 2017 was to “continue to develop international opportunities from across Europe, the Middle East and beyond”.