Less Ads, More Data, More Tools Register for FREE

IN BRIEF: Irish Continental revenue grows as notes higher fuel prices

Thu, 07th May 2026 14:20

Irish Continental Group PLC - Dublin-based ferry operator - Cars volumes fall 2.9% to 135,200 in the period between January 1 and May 2 from 139,200 a year prior. Roll-on-roll-off freight climbs 5.2% to 270,900 units from 257,600. Container freight is down 3.8% to 126,800 twenty-foot equivalent units from 131,800. Terminal lifts rise 2.2% to 125,200 from 122,500.

Revenue in the period was EUR215.9 million, up 14% from EUR189.5 million a year ago, with the company noting that increased fuel surcharges and the 100% application of the European Emissions Trading System contributed to revenue growth. Revenue in the Ferries division is up 17% to EUR138.6 million from EUR118.8 million, while revenue in the Container & Terminal division grows 8.3% to EUR87.6 million from EUR80.9 million.

Irish Continental notes recent geopolitical developments in the Middle East leading to higher fuel prices, noting which "can only be negative for everyone living on an island off northwest Europe." The firm adds: "Apart from the obvious increased cost of getting on and off the Island, there are secondary impacts on inflation, interest rates and the general cost of living. While the Group’s consistent policy is not to financially hedge fuel prices, we do have a well-established mechanism for applying fuel surcharges on all freight movements on a monthly lagged basis."

Current stock price: 590.00 pence each, up 4.8% on Thursday afternoon in London

12-month change: up 28%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Corporate News Consumer Goods Irish Cont.

Shares in this article

Related News

Ramsdens interim profit more than doubles amid gleaming gold price
5 mins ago

Ramsdens interim profit more than doubles amid gleaming gold price

(Alliance News) - Ramsdens Holdings PLC on Wednesday said it continued to benefit "from a highly trusted brand" as it reported a surge in interim pret...

Rockhopper Exploration swings to loss after 2025 arbitration blow
18 mins ago

Rockhopper Exploration swings to loss after 2025 arbitration blow

(Alliance News) - Rockhopper Exploration PLC on Wednesday reported that it had swung to a loss in 2025, hurt by higher expenses and an arbitration blo...

IN BRIEF: Claudia Manning and Phumla Mnganga join Old Mutual board
36 mins ago

IN BRIEF: Claudia Manning and Phumla Mnganga join Old Mutual board

Old Mutual Ltd - Anglo-South African financial services firm - Appoints Claudia Manning and Phumla Mnganga as non-executive directors, with effect fro...