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Irish Continental Group EBITDA up 9%

By BFN News | 04:06 PM | Thursday 18 November, 2010


Irish Continental Group's EBITDA rose by 9% to €25.0m in the three months to the end of September. Operating profits rose 12% to €19.0m on turnover of €81.2m - up from €80.6m in 2009. Group revenue for the nine months to the end of September was €203.6m (2009: €200.4m, restated). Revenue in the ferries division was up 4% while in the container and terminal division cumulative revenue was down 2%. EBITDA for the nine months was €45.0m (2009: €41.7m), while operating profit for the nine months was €27.8m compared with €24.1m in 2009 - an increase of 15.4%. Story provided by StockMarketWire.com

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