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Displaying items by tag: ICG Q3 results

#ICGresultsQ3- A revenue rise of 10.3% for Irish Continental Group (parent company of Irish Ferries) was achieved in the three months to the end of September, while operating profit increased to €23.8 million on the back of increased passenger numbers.

An interim management statement from the firm showed revenue rose to €93.4 million, while earnings before interest, tax, depreciation and amortisation (ebitda) rose to €28.1 million, compared with €26.9 million in the same quarter in 2013.

Fuel costs in the quarter were €14.3 million, up from €12.7 million during the same period in 2013, due to the additional sailings of the ro-pax Epsilon.

For further details see yesterday's Irish Times report by clicking here.

 

Published in Ferry

About Irish Ferries

Irish Ferries, owned by the Irish Continental Group, is a a major ferry operator in Ireland, providing daily and weekly links to and from Ireland for tourism and freight travelling between Ireland and the UK and Ireland and the continent. Irish Ferries has a fleet of six ships, three of which service the busy Dublin to Holyhead route.

The ICG Chairman is John B McGuckian and the CEO is Eamon Rothwell.