Denis O’Brien’s Actavo posts 80pc jump in pre-tax profits despite revenue decline

Actavo, the engineering and infrastructure services firm owned by Denis O’Brien, reported an 80 percent increase in pre-tax profits for the most recent financial period. The significant rise in profitability occurred despite a recorded decline in overall revenue for the company.

The profit growth highlights a shift in the firm’s financial performance metrics, as the business managed to improve its bottom line while experiencing a contraction in top-line turnover.