The owner of Irish Ferries, the Irish Continental Group (ICG), has reported a jump in pre-tax profits as well as higher revenues this year for the six-month period to the end of June.
Dublin-based ICG said its pre-tax profits soared by 40.4% to €20.5m from €14.6m at the same time last year, while the maritime transport group’s revenues rose by 8.5% to €309.9m from €285.5m.
The passenger and freight company has declared an interim dividend of 5.37 cents, an increase of 5/1% on the interim dividend of 5.11 cents when compared to the same time last year.
ICG said that during the first six months of the year, a total of 264,900 cars were carried, down 4.4% from the same time in 2024, the decrease was mainly due to a reduction in sailings on the UK-France short sea route of the Dover-Calais route. In addition to disruption at the Welsh port of Holyhead after it was forced to close for several months due to damage caused during Storm Darragh.
More figures from RTE News, which also reports from the company that warned of a “risk of delays” on the Dublin-Holyhead route into the new year despite the ‘full’ reopening of the North Wales port in July.
