CCD Grows Events and Profit
The Convention Centre Dublin has reported an overall profit of €15.37 million for the 10-month period to end December 2013, compared to €3.52 million for the full year to February 20
13.
About €9 million of the increased profit was due to favourable changes in interest rates on the centre’s debt, with the remainder due to improved trading as the centre hosted 235 events in 2013, versus 212 the previous year.
Operational revenue for the 10 months to December 2013 was €19.6 million, compared to €24.15 million in the 12 months to the end of February 2013.
When calculated on a full-year basis, the Convention Centre said it expected its turnover to be “virtually unchanged”.
