EXPORTERS 2015 i

1 AN ANALYSIS OF THE LEADING EXPORTERS BY TURNOVER. ON THE ISLAND OF IRELAND. Data provided by i TABLE OF CONTENTS. Introduction: Simon McKeever, Chief Executive, Irish EXPORTERS Association 3. Foreword: Aisling Dodgson, Head of Treasury, Investec 5. Methodology: James Treacy, Managing Director, StubbsGazette 6. Overseas companies play huge role in export: Martin Shanahan, CEO, IDA Ireland 7. Driving Enterprise, Delivering Jobs: Julie Sinnamon, CEO, Enterprise Ireland 9. Food and drink exports continuing to grow: Aidan Cotter, CEO, Bord Bia 11. SECTION ONE: Top 250 listing, James Treacy, Managing Director, StubbsGazette 13.

2 Profiles of the Top 20 companies SECTION TWO: Analysis of food and drink sector: Ian Hunter, Equity Analyst, Investec 39. SECTION THREE: Analysis of pharma (life sciences) sector: Ian Hunter, Equity Analyst, Investec 41. SECTION FOUR: Analysis of IFSC Sector: John Cronin, Research Analyst, Investec 44. The IFSC Top 50 companies Profiles of the Top 10 IFSC companies SECTION FIVE: Investec Review 52 Private Equity Interest in Ireland: Alan Mahon, Director of Investec Corporate Finance Low Interest Rates and a Cashless Society?: Paul Callan, Investec Wealth & Investment Oil Price Update: Alan Harrison, Investec Corporate Institutional Treasury NB.

3 Keep one eye on the equity markets: Justin Doyle, Treasury, Investec SECTION SIX: Top 50 in NI 62. Profiles of top ten NI EXPORTERS APPENDICES: Philip Ahearne, Treasury Products & Distribution, Investec 68. Top 250 companies in alphabetical order 71. @irishexporters Irish EXPORTERS Association Group @investec Investec (Ireland). ii TOP 250 EXPORTERS 1. INTRODUCTION. This report is published by the Irish EXPORTERS Association. For further information and queries, you can contact us on: Phone: 00353 (0)1 661 2182. Welcome to the 2015 edition Website: of the Top 250 EXPORTERS At the Irish EXPORTERS Association we have a dedicated team looking after all our publication members.

4 The Top 250 publication is an important reference document for all EXPORTERS and an essential resource for sub-suppliers and service providers within the exporting sector. Send us your query, comment or suggestion and we will be happy to assist you: ABOUT THE TOP 250 PUBLICATION. MEMBERSHIP SERVICES CONSULAR SERVICES This publication is a listing of the leading EXPORTERS on the island of Ireland. It outlines Caoimhe Delany Niamh Devlin Ireland's top exporting companies, identifies and reviews the leading EXPORTERS from Membership Development Manager Visa & Legislation Ireland including an analysis of the top 50 Northern Ireland EXPORTERS and top 50 IFSC.

5 Email: Email: companies. Key sectors of the export industry are reviewed, with input from private Tel: 00353 (0)1 662 9069 Tel: 00353 (0)1 642 4177 sector as well as the state promotional agencies. This year's analysis reveals an increasing number of ICT companies in the listing, with a number of well-known global enterprises appearing for the first time, reinforcing Ireland's DISCLAIMER position as a key location for this sector. The strong showing of Irelands top food and The material and information contained in this publication is provided for general drink companies underline their importance to and impact of the Irish economy.

6 Information purposes only and does not constitute legal or other professional advice. While every care has been taken in the preparation of the material and information WORKING WITH OUR PARTNER - INVESTEC. in this publication, readers are advised to seek specific legal advice in relation to any The Irish EXPORTERS Association recognises the comprehensive analysis provided by decision or course of action. Investec, sponsor of this publication. We have included reviews for the following sectors: This publication is provided without any representations, warranties or undertakings of Food & Drink, Pharma (Life Sciences) and the IFSC.

7 Any kind, either express or implied, in relation to the information, material or content in this publication, or in any other publication or website referred to or otherwise in this In response to the growing concerns of our members, Investec have provided a number publication. of independent reviews on issues that are of vital importance to Ireland's export sector: Private Equity in Ireland, the impact of low interest rates, and the prospect of a cashless The Irish EXPORTERS Association, or any connected parties, will not be liable for loss or society, an update on the price of oil, and a review of the foreign exchange and equity damage arising out of or in connection with use of the materials, information or content markets.

8 The prospect of a cashless society, an update on the price of oil, and a review of in this publication, or information, materials, content, facilities, or services referred to or the equity markets. accessed through its publication. We would like to thank Investec for their valuable support and analysis, in particular, Copyright 2015 Irish EXPORTERS Association Philip Ahearne, Treasury Products & Distribution, who has been a major driver in producing this report along with his colleagues Aisling Dodgson, Head of Treasury; Ian All rights reserved except for the quotation of short passages for the purpose of criticism Hunter, Equity Analyst; John Cronin, Research Analyst.

9 Alan Mahon, Director of Investec and review, no part of this publication may be reproduced, stored in a retrieval system Corporate Finance; Paul Callan, Investec Wealth & Investment; Alan Harrison, Investec or transmitted in any form or by any means, electronic, mechanical, photocopying, Corporate Institutional Treasury and Justin Doyle, Treasury. recording or otherwise without the permission of the Irish EXPORTERS Association. 2 TOP 250 EXPORTERS 3. INTRODUCTION FOREWORD. We are grateful to Julie Sinnamon, CEO of Enterprise Ireland; Martin Shanahan, CEO of.

10 We at Investec have supported the IDA Ireland; and Aidan Cotter, CEO of Bord Bia for their commentaries. successful international expansion We would like to thank James Treacy, Managing Director, StubbsGazette for providing the primary data for this publication. of numerous Irish '. This is Investec's fifth year partnering with the Irish EXPORTERS Association (the IEA) in the We welcome any feedback and hope you find this publication a useful resource. publication of the Top 250 EXPORTERS Report. I would like to congratulate Simon and his Simon Keever team at the IEA on the fantastic support they provide to Irish companies involved in the Chief Executive, Irish EXPORTERS Association export sector and in particular for their involvement with Investec in this report and the events we have worked on together in the last year.