10 things we learned from ICG's results

The shipping group posted record results for 2016 despite sterling headwinds

6th March, 2017
Earnings at ICG rose by 10.6% last year

Irish Continental Group, which owns Irish Ferries, has reported a 10.6 per cent rise in earnings before interest, tax, depreciation and amortisation (EBITDA) for 2016 to €83.5 million, a record for the shipping group. Here are the key points in the results:

- Revenue rose by 1.5 per cent to €325.4 million on the back of increased car and freight volumes and higher charter revenues as well as lower fuel prices

- Roll-on/roll-off freight volumes rose by five per...

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