Irish Continental Group reports a robust performance in its Ferries Division, reflecting strong growth in passenger and freight volumes. Revenue figures include surcharges tied to fuel price changes and emission allowances under the EU Emission Trading System (ETS). The acquisition of the OSCAR...
https://ferryshippingnews.com/irish-continental-group-reports-a-robust-financial-performance/
Financial information for the first four months of 2023 Recent Developments Winston Framework ICG expects 2023 will see a continuation of the trend of freight customers returning to the landbridge and we are hopeful that the Windsor Framework will remove the distortion from the non-implementation...
https://ferryshippingnews.com/irish-continental-group-icg-trading-statement-11-may-2023/
As every year, Irish Continental Group (ICG) issues a trading update which covers carryings for the year to date to 19 November 2022 and financial information for the first ten months of 2022. Consolidated Group revenue in the period was €500.5 million, an increase of 78.9% compared with last year...
Financial summary (EUR) Revenue 263.1m +85.8% EBITDA 47.3m +272.4% Operating profit 17.4m (was -10.3m) Profit before tax 15.4m (was -12.2m) Volume movements (,000) Cars 214.2 +618.8% RoRo freight 330.2 +160.6% Containers shipped (teu) 169.3 +4.2% Port lifts 164.9 +0.4% The performance of the...
https://ferryshippingnews.com/irish-continental-group-2022-h1-results-significant-improvement/
ICG financial information for the first four months of 2022 Consolidated Group revenue €161.2 million, an increase of 80.5% compared with last year and a 57.6% increase on 2019. Increase in net debt: primarily derived from strategic capital expenditure mainly comprising the acquisition of two...
https://ferryshippingnews.com/irish-continental-group-trading-update-11-may/
Financial Summary for the full year 2021 +20.7% Revenue €334.5m (€277.1m) +24.2% EBITDA (pre non-trading items) €52.3m (€42.1m), principally due to increased revenues and a continued focus on cost optimisation +98.1% EBIT (including non-trading items) €-0.2m (-10.4m) +74.5% Basic earnings per share...
https://ferryshippingnews.com/irish-continental-group-20-higher-revenues-in-a-challenging-year/
The Irish Continental Group (ICG) has entered into an agreement for the purchase of the Ro-Pax ferry Ciudad de Mahon from Trasmed GLE, a Spanish subsidiary of the Grimald ..
Brexit has proved to be a boon for shipping lines operating direct services between the Republic of Ireland (ROI) and continental Europe.
According to new data from the Irish Maritime Development Office (IMDO), although ROI ro-ro volumes in the third quarter were virtually unchanged from the same period in 2019 (the most suitable period of comparison, given pre-Brexit stockpiling in Q3 20), the choice of route has changed dramatically.
Now, around 33% …
The post Brexit proves to be a boon for...
https://theloadstar.com/brexit-proves-to-be-a-boon-for-ireland-europe-direct-services/
Irish Continental Group plc will acquire CIUDAD DE MAHON from Trasmed GLE in January 2022. The vessel will serve the Dover – Calais route operated by Irish Ferries after dry docking and branding changes. The vessel was built in 2000 as NORTHERN MERCHANT and had Dover as her port of registry at that...
https://ferryshippingnews.com/irish-continental-group-acquires-another-ferry-for-dover-calais/
Irish Continental Group Consolidated Group revenue in the period was €279.7 million, an increase of €50.2 million or 21.9% compared with last year. This was partially offset by an increase in costs, primarily fuel which increased by €17m (60%) versus 2020 due to increased sailings and higher global...
https://ferryshippingnews.com/irish-continental-group-has-seen-its-revenue-improve-22/