Displaying items by tag: ICG Q3 results
18th November 2014
Revenues Rises 10.3% at ICG to €93.4m in Third Quarter
#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.
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