This site uses cookies and related technologies for site operation, analytics and third party advertising purposes as described in our Privacy and Data Processing Policy. You may choose to consent to our use of these technologies, or further manage your preferences. To opt-out of sharing with third parties information related to these technologies, select "Manage Settings" or submit a Do Not Sell My Personal Information request.
£7M INVESTMENT AT DONNELLY GROUP DRIVEN BY STRONG PERFORMANCE AND STEADY GROWTH
Northern Ireland’s largest independently owned vehicle retailer, Donnelly Group, has reported a pre-tax profit of £4.83m according to the latest accounts filed at Companies House for the year ending 2024.
2024 also saw a further reduction in bank debt of £2.7m and an overall net debt reduction of £3.1m.
The filing comes as Donnelly Group, which has nine locations across Northern Ireland, announced a £7m investment that will see major expansion and refurbishment of its Dungannon and Ballymena locations.
Commenting on its financial results and the company’s future, Dave Sheeran, Managing Director at Donnelly Group, said:
“As the automotive industry stabilises after a period of challenging economic conditions and transformation, particularly in the shift towards electric and hybrid vehicles, our robust financial performance is testament to our resilience and the strength of our strategic vision.
The groups aim is to grow revenues sustainably and grow as a scaled franchised dealer group, developing on our strong manufacturer partnerships, and adapting to evolving industry dynamics.
2025 will see a major step in this ambition, with a significant expansion of our partnership with the Volkswagen Group which will see the addition of Volkswagen Passenger Cars, Skoda and Cupra to the Dungannon site facilitated by a £7m investment in facilities. In addition Volkswagen Passenger Cars and Skoda will open in Ballymena, giving Donnelly Group responsibility for all VW Group brands outside of Belfast.
As a group we have strong manufacturer partnerships in place to participate in industry growth and benefit from any structural changes as manufacturers transition to a model with fewer investor partners”
Dave continued:
“We look forward to welcoming new and existing customers to our new Dungannon and Ballymena showrooms later this year, where the impressive range of vehicles from Volkswagen, Skoda, Seat and Cupra will be available.”
As a result of the expansion, Donnelly Group will be recruiting for a number of positions in both Dungannon and Ballymena.
Dave finished:
“As a family-owned business, Donnelly Group is dedicated to providing career opportunities in the local area with competitive salaries, continuous training and development, and a wide range of benefits.
“Our people are at the heart of our success, and we are always on the lookout for individuals that are ready to take the next step in their motor career or expand their skillset.
“Not only can our future team members expect an excellent working environment with the latest technology and equipment, at Donnelly Group, you'll be part of a collaborative team of experienced professionals, ensuring that support is always close at hand if needed.
“We would encourage anyone interested in finding out more to visit our website and submit an application.”
For more information, visit www.donnellygroup.co.uk/careers
www.donnellygroup.co.uk/careers/
