RTÉ Commercial Enterprises doubled pre-tax profits to €11.44m in 2023 due to digital distribution agreements and reduced operating costs.

RTÉ Commercial Enterprises DAC reported a significant financial turnaround in 2023, with pre-tax profits doubling to €11.44 million, driven by renewed digital distribution agreements and a 16% revenue increase to €19.28 million. Operating costs fell by 28% due to the absence of last year's costly "Toy Show The Musical." The company's profit share from its GAA joint venture also rose. However, revenues from the RTÉ Guide and live events declined, and accumulated profits reached €125 million.

October 01, 2024
4 Articles

Further Reading