Director at the group, Noel Cregan, said that the increase in revenues and profits was achieved through organic growth with instore footfall increasing year over year.

The company said it wants to open another 500 restaurants over the next decade.

McDonald's is planning new drive-thru restaurants across Ireland

The fast-food chain said it expects the expansion plan to create around 24,000 new jobs.

Pat McDonagh said the recruitment of staff was 'the biggest challenge' facing his fast food business

The sons of the billionaire Dermot Desmond bought the US fast food franchise for the Irish market in 2016.