The telecommunications enterprise Digicel, established by Irish entrepreneur Denis O’Brien in 2001, has documented a revival in profit for the fiscal year leading up to March. This timespan also marked the shift of telco leadership from O’Brien to a collective of bondholders – Joe Brennan expands on this in his report.
In her column ‘Net Results’, Karlin Lillington describes the aspiration of Donald Trump to emerge as a ‘crypto president’ as significantly peculiar. Commenting on the necessity of transparency for tenants, our Innovation correspondent, Chris Horn observes that just as one wouldn’t purchase a pre-owned car without investigating its history, renting a property should likewise involve researching its past.
According to recent financial statements, an investment company under the ownership of Sean O’Driscoll, previously the CEO at Glen Dimplex, has seen a notable profit boost, jumping from €14.1 million to €20 million in 2023 – details by Barry J Whyte.
Cantillon questions Diageo’s ‘premiumisation’ approach amid the company’s profit drop this week, occurring amidst a period of financial belt-tightening by consumers due to inflating living costs. In our tech spotlight, Ciara O’Brien recommends techniques to encourage children’s interest in technology, engineering and science subjects.
John Larkin is our Spotlight Innovator, using the period of Covid-induced lockdowns to create a skincare product specifically for men, with a little help from Guinness. O’Brien also furnishes a review for the Doro Hemma video doorbell, a product she believes caters to the needs of older consumers.
Despite a slightly indifferent market response to Smurfit Kappa’s recent results, company executives anticipate that further cost reductions may arise following its mega-merger with competition, WestRock – analysis from Cantillon. The domestic manufacturing sector displayed stability in July, supported by possible ‘early indications of recovery’ suggested by AIB’s PMI (Purchasing Managers’ Index) report, as detailed by Laura Slattery.
Lastly, the corporate podcast of the week centres around the RTE scenario in progress.