ICG says revenue and earnings marginally down

A statement from the shipping and transport company, Irish Continental Group (ICG), has said that earnings for 2011 will be lower than in 2010.

14th November, 2011

A statement from the shipping and transport company Irish Continental Group (ICG) has said that earnings for 2011 will be lower than in 2010.

The company announced third quarter revenues of €84.9 million, down from €81.2 million for the same period last year. It also announced third quarter operating profit of €18.5 million, down from €19 million for the same period last year.

The company said that the “continued high level of fuel prices” and “challenging economic...

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