ICG sails a steady course as debt levels sink to 18-year low

Many Irish shares have been left battered by the current recession, but Irish Continental Group (ICG) has been able to steer a steady course through the choppy waters.

19th March, 2011

Many Irish shares have been left battered by the current recession, but Irish Continental Group (ICG) has been able to steer a steady course through the choppy waters.

Reporting results above expectations this week, the Irish Ferries owner is within a few months of being in a positive net cash position, making it the envy of many an indebted Irish plc.

The big question which lies ahead for ICG and its chief executive Eamonn Rothwell...

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