Sustained Growth At Tattersalls Ireland

Tattersalls Ireland has wrapped up business for 2015 and the company is pleased to report it has posted its highest turnover in eight years. Roger Casey, Managing Director commented on the performance which also saw the auction house add to its portfolio during the year by taking over the Brightwells sales business at Ascot and Cheltenham. “For the fourth consecutive year, Tattersalls Ireland has produced an increased set of returns, with turnover increasing by 2% in overall terms to €43,893,850, the fourth highest annual turnover on record for the organization. Indeed the turnover has increased by 71% over the last five years and the 2% increase in turnover this year certainly reflects the general consolidation being witnessed right across the bloodstock industry in 2015 as the demand and supply dynamic continues to evolve and a more selective marketplace develops.”

Casey continued, ” With regard to our flat sales offering, the September Yearling Sale, arguably the best performing yearling sale in Europe in 2015, further confirmed itself as one of the leading yearling sales in Ireland and Britain when recording a clearance rate of 93%, a rise in the aggregate of 33% to €9.9m, in median by 20% to €18,000 and in average by 29% to €24,093. The sale has gone from strength to strength in recent years and its burgeoning international reputation translated into fourteen countries represented and the largest number of individual UK buyers on record present at the sale.” In summing up Casey concluded, “We have experienced exceptional trade for horses at all our sales in 2015 and we would like to extend a sincere debt of gratitude to all our customers, vendors and purchasers alike. 2016 promises to be another exciting year for us. The sales season will commence earlier than ever before with the Tattersalls Ireland Cheltenham January Sale on January 30th and we look forward to welcoming our customers, new and old, to Fairyhouse, Cheltenham and Ascot in 2016.”