Mr. Mike Quinn:

We have a horticultural business that turns over approximately €52 million, and what is called a professional horticulture business which turns over approximately €23 million and the balance is a retail growing medium, by which I mean the stuff one buys in B&Q or Woodies and other such outlets. It is for the hobby market.

One of the first things I looked at when I came in was that industry because it has a huge potential for Bord na Móna. We have between 40 years and 50 years of stock raw material available to us. Three weeks ago I spent a week in Holland, Belgium and Germany visiting customers and other potential avenues for peat. I see that as a major growth area for Bord na Móna going forward. The UK is another very strong market for us. We have the B&Q account, which is our largest account, and we probably have about 30% of the UK market, but that leaves another 70% to go after. That is key for Bord na Móna. When our energy peat runs out, that horticulture business will survive for decades to come.