Owner of Irish Ferries Reports Increase of 6% in Revenue

28th November 2024

Jehan Ashmore

The Dublin based maritime transport group through its ferry division saw an increase in revenue. Above cruise ferry, W.B. Yeats which connects the capital and Cherbourg, France. Credit: Jehan Ashmore

The Irish Continental Group (ICG) has reported a 6% annual increase in revenue at Irish Ferries for the first 10 months of this year.

The Dublin-based group said in a trading update that it brought in €521m between January and October. This figure is up from €491 million for the same period in 2023.

Irish Ferries, with its routes to the UK and France and UK-France, carried 657,000 cars this year to date, an increase of 11% on the 592,100 carried from January-October last year.

Since ICG's previous trading update issued in August, Irish Ferries had transported 164,500 cars, which represented a 4.2% rise from the same three-month period the year prior.

The maritime transport group’s ferries division recorded a turnover of €376m for the first 10 months of 2024, which reflected an increase of 6.5% year-on-year.

More from Business Plus on the latest trading figures.

Published in Irish Ferries

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About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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