KTL announced as one of Ireland’s Best Managed Companies 2023

Company receives award for fourteenth time.

KTL has been named as one of Ireland’s Best Managed Companies. The awards programme is led by Deloitte Ireland, in association with Bank of Ireland. The company, which demonstrated superior business performance for the fourteenth time this year, was recognised at an awards ceremony on Thursday, 14 September.

This year at the 15th annual awards ceremony, Deloitte recognised 130 indigenous companies representing 24 of the 32 counties across the island of Ireland.

The network of companies has a combined turnover of €17 billion and €3 billion of exports sales, providing employment for over 53,000 people across Ireland across a range of sectors – from manufacturing and tech to construction and food and beverage. A detailed judging process precedes the recognition, evaluating the entire management team and business strategy. The judges look beyond financial performance at areas such as a company’s environmental, social and governance standards, strategic planning, and talent strategy, when awarding Ireland’s top privately owned businesses.

Commenting on the award, Alan Hanamy KTL said: “I’m delighted, and immensely proud KTL have won this prestigious award for the 14th consecutive year. It’s a great testament to our loyal staff who have developed safe, repeatable processes and systems while consistently operating to very high standards. This is a win for our employees, customers, partners, and shareholders and I would like to thank them for their ongoing dedication, trust, and support in our growth.”

Brian Murphy, Lead Partner for Ireland’s Best Managed Companies Awards Programme at Deloitte Ireland said: “This year we’re celebrating 15 years of the BMC programme and the incredible companies that have qualified. Even though this year’s cohort faced into another challenging period, over the past 15 years we’ve seen how indigenous Irish businesses find opportunities in change. Strengthening governance and recognising the value of specialist expert advice on critical areas such as ESG were key discussion points in the coaching sessions. We also saw companies increasingly focused on innovation driving internationalisation. Despite the uncertainties of the past few years, the confidence of Irish businesses is clear as more and more are scaling their market reach internationally”.

The eight newly qualified companies are: APC Ltd (Dublin), Codex (Dublin), JJ Rhatigan & Company (Galway), Kyte Powertech (Cavan), Lowe Corporation (Antrim), Mail Metrics (Dublin), Production Equipment Europe (Galway), and Topflight Travel Group (Dublin).

There were also 112 companies that requalified as a Best Managed Company, five companies achieved Gold Standard, and five companies were awarded Platinum Standard.

Nikki Canavan, Senior Director, Head of Origination & Sustainability, Corporate Banking Ireland, and judging panel member said: “Over the last number of years the companies in the Best Managed Companies network have shown huge strength in the face of disruption and uncertainty. This year in particular – a year that tested Irish businesses like never before – the judges noted the commitment, bravery, resilience, and tenacity of the applicant companies.”

The members of this year’s judging panel were: Frank Ryan (Chair of Judging Panel) and current Chairman of the Board of IDA Ireland; Nikki Canavan, Senior Director at Bank of Ireland Corporate Banking; Feargal Mooney, Non- Executive Director and former CEO of Hostelworld Group; Sarah Murphy, CEO, Business Post; Colm Foster, Director of Executive Education at the Irish Management Institute; Ellvena Graham OBE, Chairman and Non-Executive Director, Ellvena is Chair of the Belfast Waterfront, ICC & Ulster Hall, Chairman of the Economic Advisory Group (EAG) in Northern Ireland, member of Senate & Senior Independent Governor of Queen’s University, Non-Executive Director Dale Farm, and Chairman Catalyst; Lionel Alexander, Chairman Intact Software, Board Member Fine Grain Property, Board Member at St. James's Hospital Dublin and Chairman Advanced Manufacturing Centre Ireland.

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About KTL

KTL has a proven record of delivering stand-out engineering services for clients across the telecommunications and power sectors. KTL provide fast and flexible solutions tailored specifically to clients’ needs.

With more than 25 years’ experience connecting communities, we know what works. The KTL group have developed strategies that ensure the most efficient and most effective results for clients. KTL are committed to being the best and doing their best, this is what keeps clients coming back again and again.

About the Best Managed Companies Awards

The Deloitte Best Managed Companies programme, in association with Bank of Ireland, promotes and recognises excellence in Irish/Northern 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 process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Bank of Ireland, the IMI and the Business Post. For further information, visit www.deloittebestmanaged.ie.

International History of Best Managed Companies Programme

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 currently run in a total of 48 countries including China, The US, Southeast Asia, The Netherlands, Belgium, Germany, Denmark, Czech Republic, Italy, Sweden, Norway, Turkey, Mexico and Chile.

About Bank of Ireland

Bank of Ireland’s purpose is to enable its customers, colleagues and communities to thrive. The Group is one of the largest financial services providers in Ireland, offering a wide range of banking and other financial services and operating Ireland’s largest retail branch network. In the UK, the Group has long-established partnerships with the Post Office and the AA providing consumer financial services. The Group’s international business is conducted by its Corporate Banking and Global Markets teams operating from Dublin, London, and offices in continental Europe and the United States.

About Deloitte

At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges.

As the largest global professional services and consulting network, with approximately 415,000 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients.

In Ireland, Deloitte has approximately 3,000 people providing audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. Our people have the leadership capabilities, experience, and insight to collaborate with clients so they can move forward with confidence.

In this press release references to Deloitte are references to Deloitte Ireland LLP. The information contained in this press release is correct at the time of going to press. Deloitte Ireland LLP is the Ireland affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.