Companies

Second quarter profits rise to €145m at Eir as mobile and TV customer numbers increase

The Irish telco, which is owned by the French private company Iliad, said its second quarter performance was in line with expectations

Eir said it recorded steady sales and profit growth for the second quarter of 2023

Eir, the Irish telecoms company, recorded steady sales and profit growth for the second quarter of 2023 as increases in the number of mobile and TV customers more than offset a drop in broadband customers.

The company, which is owned by the French telecoms giant Iliad, said profits (Ebitda) increased 3 per cent in the second quarter to €145 million on the back of very healthy profit margins of 46 per cent. Overall, Eir said ...