Dublin trad bar O’Donoghue’s on song as profits soar

Newly-filed accounts show accumulated profits jumping from just €31,255 to €537,955

O'Donoghue's, the legendary traditional music bar that was once a regular haunt of the Dubliners and Christy Moore, recorded a sharp rise in accumulated profits last year.

Newly-filed abridged accounts show the family-run bar, which is located on Dublin’s Merrion Row, saw accumulated profits increase from just €31,255 to €537,955 in the 12 months to the end of June 2015.

A year earlier the company enjoyed its best ever set of results till now with a profit of €316,898, which helped the company bounce back from a €285,644 accumulated loss.

Now owned by Oliver and Marie Barden, O'Donoghue's, was originally built as a grocery store in 1789 but became a pub in 1934, when it was acquired by Paddy and Maureen O'Donoghue.

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The bar became famous in the early 1960s when acts such as The Dubliners began performing there regularly. Other well-known traditional musicians to have played there include The Fureys and Seamus Ennis.

Charlie Taylor

Charlie Taylor

Charlie Taylor is a former Irish Times business journalist