Things are on the up for Donegal company, KN Group.
The engineering contractor, headed by Donagh Kelly from Frosses, enjoyed a 31% hike in pre-tax profits to €10.25m in the year to February.
Donagh Kelly of KN Group with Aidan Campbell, Commercial Manager of Finn Harps.
Today’s Sunday Times reports that the company’s revenues surged on the back of new contracts with cable and telecom operators.
KN is involved in the design, planning and installation of telecom networks, and posted sales of €230m in the year, a rise of 15.5%.
Revenues are split almost evenly between Ireland (€116.7m) and the UK (€109m). The group also has a small number of contracts in the Caribbean and Africa. Its clients include Eir, BT, Sky, Virgin Media and ESB.
Founded in 1975 as Ashbourne Communications, KN has also done work for London Underground.
Headed by rally driver Kelly, KN also sponsors the Donegal senior GAA team and Finn Harps.
KN have been on the Donegal shirts since January 2016 and recently signed a deal to take over as Harps’ primary sponsor.
