Alan Healy

1 week ago | irishexaminer.com | Alan Healy

Jimmy Martin's AMCS has continued its expansion with the acquisition of companies in the UK and Australia. The Limerick-headquartered software firm has made more than 20 acquisitions in recent years, as it expands its presence in the waste management and recycling sector.

1 week ago | irishexaminer.com | Alan Healy

Consumers in Ireland have permanently shifted their mindset around supermarkets' own-brand products, saying they meet their needs just as well as branded products. A new consumer survey from EY found that 72% of Irish consumers say own-brand or generic products, once seen as the second choice on the shelves, now meets their needs. This is higher than global level of 67%.

2 weeks ago | irishexaminer.com | Alan Healy

Premier Inn owner the Whitbread Group reported a 14% drop in its annual profit, hurt by rising costs of living and a growth revival strategy that targeted underperforming restaurants. The company operates six hotels in Ireland, five in Dublin and one in Cork, with plans to open a second Cork hotel on the site of the Coliseum. The UK company reported an adjusted pretax profit of £483m (€563.1m) for the year ended February 27, down from last year's £561m (€660m).

2 weeks ago | irishexaminer.com | Alan Healy

Approval by the cabinet this week for the construction of what would be Limerick's tallest building has been described as a pivotal moment for the Opera Square project and the wider Limerick region. The 14-storey landmark building will provide 100,000 sq ft of office space, with work to commence this year. The works to be delivered by Limerick Twenty Thirty (LTT) will also include redevelopment of the Granary building and significant enhancement of the Bank Place public realm.

2 weeks ago | irishexaminer.com | Alan Healy

The impact of lower interest rates saw PTSB's net interest income to drop by 9% in the first quarter, but the bank has reiterated its targets for this year on the back of strong lending. The bank has grown its share of Ireland's mortgage market from 16.4% last year to 20%. New business lending was also up 25%. Total gross loans rose to €22bn, up 1% since the year-end. Customer deposits of €24.9bn represent a 3% rise. Chief Executive Eamonn Crowley said all key financial metrics were tracking well.