Menu
Allianz and Afloat - Supporting Irish Boating

Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

Displaying items by tag: Trading Statement

The Irish Continental Group (ICG) has said it is totally prepared to meet the challenges posed by Brexit, whatever way those challenges emerge.

At the group’s annual general meeting, John McGuckian, ICG chairman, said, “we’re confident that whatever happens, we will react in an efficient and profitable way”.

Speaking to The Irish Times after the meeting, ICG chief executive Eamonn Rothwell said he’d prefer if sterling wasn’t so weak but he didn’t show concern on the basis that he doesn’t “know what Brexit is yet”. Mr Rothwell added that he doesn’t expect the group to suffer as 40 per cent of travellers on the Irish Sea are travellers originating in Ireland, while the remainder are British.

At the group agm there was no opposition to any of the resolutions, with remuneration practices in the company supported by over 90 per cent of shareholders. The shareholders dividend of 7.76 cent per share was also approved at the meeting. That dividend will be paid in June.

For more including the sale in 2017 of the former Isle of Innisfree (Kaitaki) to a New Zealand operator and results on ICG's ro-ro operations click here. 

Published in Ferry

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Car Brands

subaru sidebutton

Featured Associations

ISA sidebutton dob
ICRA
isora sidebutton

Featured Events 2020

Wave button for Afloat new dates

Featured Sailmakers

northsails sidebutton
uksails sidebutton

quantum sidebutton

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating