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Irish Continental H1 Profit Rises; Current Trading Volume Up In Segments

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Irish Continental Group plc (ICG), an Irish-based maritime transport group, reported Thursday that its first-half profit before tax grew 4.3 percent to 14.6 million euros from last year's 14.0 million euros.

Basic earnings per share were 8.30 cents, up 10.7 percent from 7.50 cents last year.

Operating profit generated was 17.4 million euros, 7.4 percent higher than last year's 16.2 million euros. EBITDA was 49.7 million euros, 1.4 percent higher than the prior year.

Group revenue generated totalled 285.5 million euros, up 8.1 percent from 264 million euros a year ago.

In the first half, total cars carried were 277,200, up 21 percent on the same period last year. Total passenger carryings were 1,331,400, an increase of 21.9 percent.

Further, the Directors have declared an interim dividend of 5.11 cent per share, up 5 percent from last year, payable on October 4 to shareholders on the register on September 13.

Regarding the current trading, in the period July 1 to August 24, the company reported increased trading volumes in all divisions.

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