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Profits and revenues surge at Glennon Bros, Longford

Summary by Ground News
Glennon Brothers pre-tax profits increased by 26.5% to £48.24m in 2022. Revenues increased by 52% from £251.7m to £381.1m in the same year. The group bought rival Balcas from owner, SHV Energy in October 2021.

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Profits and revenues surge at Glennon Bros, Longford

Pre-tax profits at the expanding timber processing group, Glennon Brothers increased by 26.5% to €48.24m in 2022.

·Ireland
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RTÉ broke the news in Ireland on Tuesday, January 2, 2024.
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