Best Managed Companies Awards 2016

Press releases

Deloitte announces 2016 Best Managed Companies Award winners

Press release 

115 companies employing 47,000 staff achieve Best Managed status

Total turnover of Best Managed Companies now over €10bn. Companies record average growth in export sales of 161%.

6 March 2016 - Deloitte’s network of Best Managed Companies now employs over 47,000 people around the country and has a combined turnover of almost €10bn. These figures were released by Deloitte to mark the 2016 Best Managed Companies awards in Dublin. Recognising the importance of overseas markets for Irish companies, the Best Managed Companies also recorded an average growth in export sales of 161% over the last three years.

The awards event in Dublin’s Convention Centre on Friday 4 March marked the eighth year of the Deloitte Best Managed Companies awards programme, in association with Barclays Bank Ireland. The awards were attended by over 800 people from the Irish business community. Frank Ryan, chair of the independent judging panel, was keynote speaker on the night.

Sixteen companies from around Ireland were awarded Best Managed status for the first time this year, following a lengthy qualification and judging process in which the complete performance of a business is assessed, moving beyond finances to such areas as operational excellence, strategy, and human resource processes. Almost 40% of the first time winners came from the technology and media industries, with 20% coming from the construction sector.

First time recipients of a Best Managed Company Award

Abtran

Cork

Technology, Media, Telecommunications

Asavie Technologies

Dublin

Technology, Media, Telecommunications

Combined Facilities Management Ltd

Antrim

Construction

Denroy Plastics Ltd

Down

Manufacturing

Fenergo Limited

Dublin

Technology, Media, Telecommunications

FEXCO

Kerry

Finance

Heat Merchants Group

Westmeath

Construction

King and Moffatt

Roscommon

Construction

Learning Pool

Derry

Technology, Media, Telecommunications

LED Group

Dublin

Consumer Business

Novosco

Antrim

Technology, Media, Telecommunications

Portwest Ltd

Mayo

Manufacturing

SalesSense International Limited

Galway

Consumer Business

Sigmar Recruitment

Dublin

Consumer Business

Williams Industrial Services

Antrim

Energy and Resources

Wisetek Solutions Limited

Cork

Technology, Media, Telecommunications


Eleven platinum award winners - companies that have retained their Best Managed status for seven consecutive years - were also recognised on the night.

The platinum standard companies

Abbey Tours Ltd

Dublin

Consumer Business

Barry Group

Cork

Consumer Business

Freeflow

Kerry

Consumer Business

Hodson Bay Group

Westmeath

Consumer Business

Java Republic Roasting Company

Dublin

Manufacturing

Killarney Telecommunications Ltd (KTL)

Kildare

Technology, Media, Communications

NPP Group Limited

Dublin

Consumer Business

Tazbell Services Group

Dublin

Consumer Business

taxback.com

Kilkenny

Finance

Tour America

Dublin

Consumer Business

Wilsons Auctions

Antrim

Consumer Business

Eighteen companies were also presented with the gold standard accolade having secured Best Managed status for a fourth consecutive year. An additional 70 companies re-qualified having upheld the standard of a Deloitte Best Managed Company, following a comprehensive review process.

40% of 2016’s Best Managed Companies are Dublin-based, with Cork (13%); Galway (5%); and Kerry (4%) also well represented. This year’s winners have also been drawn from Clare, Kildare, Kilkenny, Limerick, Louth, Mayo, Monaghan, Offaly, Roscommon, Tipperary, Waterford, Westmeath and Wexford and span industries including technology, construction, manufacturing, and consumer services. 

Three first time winners were singled out for special recognition - LED Group for Commitment; Portwest Ltd for Excellence in Strategy; and Fenergo Ltd for Capability. These criteria are the three cornerstones of the Best Managed Companies Awards. 

Managing Partner of Deloitte and judging panel member, Brendan Jennings commented:

“Congratulations to all the 2016 winners. All the companies here tonight are at the end of a long process of evaluation, which makes their Best Managed designation even more rewarding and valuable as a marketing tool for their business. It is clear that these companies make an invaluable contribution to the Irish economy - employing 47,000 people and generating turnover of €10bn. It’s also really encouraging to see such a large number of technology companies among the winners, another indicator of the global reputation Ireland is building as a hub for such activity.”

Sasha Wiggins, CEO of Barclays Bank Ireland, added:

“Each of the companies being celebrated today have demonstrated their ability to apply best practice management across a wide range of business areas – something we have witnessed first-hand as the lead sponsor of the programme for the third year in a row. It has been a pleasure to mentor and support the management teams of these companies over the past few weeks and months and on behalf of everyone at Barclays, I would like to congratulate them on this wonderful achievement.”

The Deloitte Best Managed Companies Awards, in association with Barclays Bank Ireland, is open to companies from all 32 counties on the island of Ireland. It is the only awards programme that considers a business’ performance from every perspective. Details of entry for the 2016/2017 programme will be issued in the coming weeks on www.deloittebestmanaged.ie. The Best Managed designation is an important marketing tool for the winning companies – but, perhaps most importantly, the awards provide a reason to celebrate the efforts of the entire company.

ENDS
Issued on behalf of Deloitte by Murray

For further information

Aoibheann O’Sullivan / Jill Farrelly
Murray
01 498 0300
aosullivan@murrayconsultants.ie / jfarrelly@murrayconsultants.ie 

Claire Quinn
Deloitte
01 417 2356
cquinn@deloitte.ie 

Notes to Editor

Winners of the awards can apply to requalify as a Deloitte Best Managed Company for the next two years, following receipt of the award for the first and fourth time (gold standard). For the second time, platinum winners have been recognised - these are companies that have been awarded Best Managed status for seven consecutive years. Companies applying for requalification must satisfy the programme eligibility criteria and go through a requalification review process in order to ensure that the companies continue to uphold the standard of a Deloitte Best Managed Company. This year 70 companies, which have previously won the award, requalified. To view a list of these companies, please visit www.deloittebestmanaged.ie

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies programme, in association with Barclays Bank Ireland, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Barclays Bank Ireland, the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie. The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.

About Barclays

Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

Follow us on twitter at www.twitter.com/BarCorp_News

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

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