26th Nov 2024 11:39
Irish Continental Group PLC - Dublin-based ferry operator - Revenue for the first ten months of 2024, ended October 31, was EUR521.0 million, up 5.8% from EUR491.4 million a year before. This is primarily due to the acquisition of its 'Oscar Wilde' cruise ferry. Total revenue for its Ferry division grew 6.3% to EUR375.8 million from EUR352.9 million, while total revenue for its Container & Terminal division rose 3.5% to EUR171.3 million from EUR165.4 million.
During the year-to-date, ending November 23, Irish Ferries carried 657,000 cars, increasing 10% from 592,100 last year, and freight carryings grew 7.5% to 702,800 roll-on-roll-off units from 651,900 the year before. Irish Continental shipped 13% more container freights, at 290,600 twenty-feet equivalent units from 254,200. Terminal lifts were up 8.5% to 307,800 from 282,800.
Current stock price: 466.00 pence, down 1.3% in London on Tuesday morning
12-month change: up 21%
By Emily Parsons, Alliance News reporter
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