Displaying items by tag: Profits Sink

7th March 2019

Profits Sink at ICG after Ferry Schedule Disruptions

The delivery of Irish Ferries' WB Yeats ferry was delayed last year

#ferries - The Irish Continental Group has reported lower revenues and profits for 2018 on the back of disruption to its ferry schedules and higher fuel costs, writes RTE News.

Revenues at ICG, which owns Irish Ferries, slipped by 1.5% to €330.2m from €335.1m in 2017 while EBITDA fell by 15.6% to €68.4m from €89m

The company's adjusted earnings per share sank over 31% to 30.4 cent in 2018 from 44.1 cent the previous year, while its operating profits slumped by 32.6% to €60m from €89m.

Its fuel costs during the year increased by 19.6% to €48.2m.

During the year Irish Ferries encountered "technical difficulties" with its Ulysses ferry, while it also saw the late delivery of its new WB Yeats ferry. This ferry had been scheduled to start sailing last summer but only entered service in January of this year.

Operating initially on the Dublin-Holyhead route, it is due to switch to the Dublin-Cherbourg route in March.

For more including comment from ICG's chairman, click here.

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boot Düsseldorf, the International Boat Show

With almost 250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair and every year in January the “meeting place" for the entire industry. Around 2,000 exhibitors present their interesting new products, attractive further developments and maritime equipment. This means that the complete market will be on site in Düsseldorf and will be inviting visitors on nine days of the fair to an exciting journey through the entire world of water sports in 17 exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology, equipment and accessories, services, canoes, kayaks, kitesurfing, rowing, diving, surfing, wakeboarding, windsurfing, SUP, fishing, maritime art, marinas, water sports facilities as well as beach resorts and charter, there is something for every water sports enthusiast.

boot Düsseldorf FAQs

How big is boot Düsseldorf?

boot Düsseldorf is the world's largest boat and water sports fair. Seventeen exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology.

Where is boot Düsseldorf staged?

The Fairground Düsseldorf. This massive Dusseldorf Exhibition Centre is strategically located between the River Rhine and the airport. It's about 20 minutes from the airport and 20 minutes from the city centre.

How many visitors attend boot Dusseldorf?

250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair.

How long is boot Düsseldorf established?

The 2018 show was the golden jubilee of the show, so 2021 will be the 51st show.

When is boot Düsseldorf?

Every year in January. In 2021 it will be 23-31 January.

Who is the boot Düsseldorf organiser?

Messe Düsseldorf GmbH Messeplatz 40474 Düsseldorf Tel: +49 211 4560-01 Fax: +49 211 4560-668

Is boot Düsseldorf popular with Irish visitors?

The Irish marine trade has witnessed increasing numbers of Irish attendees at boot over the last few years as the 17-Hall show becomes more and more dominant in the European market and direct flights from Dublin offer the possibility of day trips to the river Rhine venue.

What can you see at boot Düsseldorf?

Boats & Yachts Engines, Engine parts Yacht Equipment Watersports Services Canoes, Kayaks, Rowing Waterski, Wakeboard, Kneeboard & Skimboard Jetski + Equipment & Services Diving, Surfing, Windsurfing, Kite Surfing & SUP Angling Maritime Art & Crafts Marinas & Watersports Infrastructure Beach Resorts Organisations, Authorities & Clubs