Signs of a turnaround emerge

Company profit figures show that the domestic economy is stabilising, writes Jon Ihle.

31st August, 2013
Consumer confidence has steadied -- but can the recovery build on this? Photo: Feargal Ward

Interim results last week from some of Ireland's biggest companies have provided further support to accumulating evidence that the domestic economy is stabilising and could return to more substantial growth next year.

The earnings reports, which cover a range of sectors from shipping to media, show that publicly-listed companies are seeing signs of a turnaround in their Irish operations - something that has been notably lacking since the financial crisis started in 2008. The most...

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