The Irish Continental Group plc have declared an interim dividend of 5.11 cent per share
Other financial highlights include:
- Group revenue generated totalling €285.5 million, €21.5 million higher than HY 2023.
- Operating profit generated was €17.4 million, compared to an operating profit of €16.2 million in HY 2023.
- EBITDA generated of €49.7 million, €0.7 million increase on HY 2023.
- Gross cash balances of €51.2 million (31 December 2023: €46.8 million).
- Net debt at €211.7 million, €68.0 million higher than at the beginning of the year owing primarily to the addition of the Oscar Wilde (ex Spirit of Britain) on an initial charter with purchase obligation..
- On 15 May, Irish Ferries announced a space charter agreement with P&O Ferries on the Dover – Calais route. This agreement will allow for greater flexibility and choice for all of their customers.
- In May 2024, the Group chartered the Oscar Wilde cruise ferry (ex Spirit of Britain) for an initial 24 month period with a purchase obligation at the end of charter period. The vessel entered service in June on the Dover – Calais route, replacing the Isle of Innisfree which is now operating on the Rosslare – Pembroke route.
