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Irish Continental Reports Volume Growth And Good Trading Conditions

Fri, 13th May 2016 06:36

LONDON (Alliance News) - Ferries operator Irish Continental Group PLC on Friday said it saw growth in cars, freight and terminal lifts in the first four months of 2016 year-on-year.

The group said it carried 90,200 cars in the four months to the end of April, up 5.0% year-on-year. Freight roll-on roll-off units grew 8.0% from the year before to 92,300, while container freight volumes grew 10% to 103,400 twenty foot equivalent units.

Terminal lifts in the period grew to 96,500, up 54% year-on-year, driven by a big rise in throughput at Belfast Container Terminals after a new concession was secured in 2015.

Total revenue for the period grew to EUR91.4 million, up 7.4% year-on-year.

The company said the year had started well, and trading conditions remain favourable.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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