The numbers tell their own story. Suir Engineering had revenues of €61.7 million for the seven months ending October 2016, making a pre-tax profit of €1.3 million. In the previous 15 months, it had a turnover of €95.5 million but lost €12.7 million after being hit with €15.2 million in exceptional costs. The company recorded a turnover of €429 million last year, up 41 per cent on 2022, and posted a pre-tax profit of €12.1 million. Revenues will remain broadly stable this year, but profits are tracking to increase by 55 per cent. Both figures stem from the decision by…
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