Semi-State forestry group Coillte delivered record earnings of €115m last year, up 35pc on the previous year. Semi-State forestry group Coillte delivered record earnings of €115m last year, up 35pc on the previous year. The performance was driven by a €127m return on the sale of windfarms. Meanwhile, the body generated record revenue of €330m, a 10pc increase year-on-year. Chairperson of Coillte, Bernie Gray, said: "This strong performance by Coillte is the culmination of a transformation which has been taking place in the business over the last number of years."

Source: Irish Independent May 01, 2019 11:37 UTC