Shannon Foynes Port Company pays first ever dividend amid record profits

Annual report reveals company is on the crest of a wave

Foynes general purpose terminal

Shannon Foynes Port Company (SFPC) enjoyed its biggest ever profits last year, its 2014 annual report shows.

SFPC, which operates six ports on the Shannon Estuary and handles international trade valued at over €6bn, saw profits increase to €2.864m from €2.825m in 2013.

The company's general cargo terminals recorded year-on-year increases of 5 per cent and capitalised on the recovering economy through a GDP growth of over 4 per cent for 2014.

The ...