Irish Continental Group’s Trading Update

Irish Continental Group’s Trading Update

ICG carryings for the year to date to 8 May 2018:

  • Cars 100,400 (98,000) = +2.4%
  • Ro-ro freight 99,500 (95,800) = +3.9%
  • Container Freight TEU 116,400 (115,100) = +1.1%
  • Terminal Lifts 109,000 (104,000) = +4.8%

Financial information for the first four months of 2018:

  • Consolidated Group revenue €96.4 million = +1.4%
  • Net cash €69.3 million compared with €39.6 million at 31 December 2017 which includes the proceeds from the sale of the JONATHAN SWIFT.
  • Total revenues €52.3 million= -2.4% decrease