How much is elverys worth?

How much is elverys worth?

The group’s pre-tax profits increased by 177% from €2.2m to €6.12m for 2020 though the figures are skewed by €2.04m in “other operating income” boosting profits. The business increased profits as the numbers employed reduced by 154 from 650 to 496 and staff costs reduced by €1.7m from €12.44m to €10.69m.

Who owns Elverys sports?

Staunton Sports
Elverys Sports has been acquired by the management team. Staunton Sports has sold Elverys Sports to the company’s management team.

How many employees does Elverys have?

Today, we employ over 700 hundred people and are proud to be wholly Irish owned.

Who sponsors elverys?

Elverys Intersport, one of Ireland’s leading sports retailers with 58 stores nationwide, is to be the new title sponsor and official retail partner of Connacht Rugby. The new three-year deal will re-establish Elverys’ relationship with Connacht Rugby dating back to 2005.

Who founded elverys?

J.W. Elvery
Elverys Sports

Type Limited Company (Ltd.)
Founded 1847 as Elverys Sports
Founder J.W. Elvery, Staunton Family
Headquarters Moneen, Castlebar, County Mayo, Ireland
Area served Ireland

Where did elverys start?

Ireland
Intersport Elverys is a sports store chain in Ireland. Founded in 1847, it is Ireland’s oldest sports store….Elverys Sports.

Type Limited Company (Ltd.)
Founded 1847 as Elverys Sports
Founder J.W. Elvery, Staunton Family
Headquarters Moneen, Castlebar, County Mayo, Ireland
Area served Ireland

Who are the owners of Elverys?

The retail business was put up for sale as part of a wider restructuring of debts owed to NAMA by Elverys’ owners, Mayo brothers John and James Staunton. Their originally Connacht-based Staunton’s chain bought the older Elverys brand in 1998, and merged them under the Elverys name.

How did Elverys make money in 2016?

Elverys was bought out of examinership by management a number of years ago. The accounts, covering the year to the end of December 2016, show profit increased to €832,535 compared to €618,988. Turnover was up to €78.3m from €74.6m. The results come in a gloomy time for retail, particularly in the UK where the sector is haemorrhaging jobs.

Who is Elverys Intersport?

The company behind sports retailer Elverys Intersport has warned that it is more difficult to obtain bank finance and make acquisitions. That comes amid substantial pressure on retail despite the strong economy. T he company – West Roxbury Ltd – has just filed new accounts at the Companies Registration Office.

Who are the preferred bidders for the Elverys sale?

Yesterday accountant Simon Coyle of Mazars, who is the court-appointed examiner of Elverys, named the MBO team as preferred bidders following a competitive sale process.