Carr Communications profits exceed €81K

Leading public relations firm Carr Communications Ltd recorded a profit of more than €81,000 in the 12 months to the end of June last year, its latest accounts show.

Carr advises State agencies including the Irish Aviation Authority and the Sustainable Energy Authority of Ireland, as well as offering media training, internal communications and other services.

The company earned profits of €81,651 in its last financial year, which ended on June 30th, 2021, according to recently filed accounts.

Managing director Tony Hughes noted that the figures covered a period when the business was dealing with the Covid-19 pandemic.

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“We are happy with the company’s financial performance during this time and the outlook for our business is strong,” he said.

Carr Communications ended the financial year with €5.84 million in net assets, boosted by the profit earned during the period.

Its accounts show that it received €345,992 in Government grants during the financial year.

Mr Hughes confirmed that, in common with many other businesses, Carr received Government cash during the pandemic.

Face-to-face training

Part of its business includes face-to-face training, which “ceased almost immediately” when the pandemic began in 2020.

“We availed of Government cash-flow supports for the period when those supports were needed, and the business qualified,” Mr Hughes explained.

Carr moved as much of its activities as possible online as the situation continued, he added.

The company did not pay shareholders any dividends for the period. Its figures show its profit was calculated after taking Government aid into account.

Carr's three directors, Mr Hughes, Donal Cronin and Edward Shaw, shared total pay of €330,144.

Mr Hughes confirmed that this was “considerably lower” than pre-pandemic levels. The firm employed 26 people during the financial year.