Profits up at Viridian despite churn
Figures released by the company show pre-tax profits climbed to £68.6 million
Viridian, the Belfast-based energy company, saw its profits rise in the last year on the back of growing customer numbers in the Republic and a substantially reduced interest bill.
Figures released by the company show pre-tax profits climbed to £68.6 million (€78.6 million) in the year to March 31 from £50.4 million. The increase was in part due to lower interest payments, as its debt levels dropped by more than £200 million to £379 million.
Viridian’s...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.
