Friday November 27, 2020

Viridian revenue rises, but profit falls

The compan said earnings in the three months to the end of September slipped to £22.5m

Ian Guider

Markets Editor

@ianguider
27th November, 2016
The Huntstown power station operated by Viridian Pic: RollingNews.ie

Viridian, Ireland’s second-biggest energy company, has seen a slip in profits – even as its revenues rose.

The company, which is based in the North and controls Energia and the Huntstown power stations, said earnings in the three months to the end of September slipped to £22.5 million (€26.5 million) from £23.5 million. It blamed lower customer bill prices at its business in the North, foreign exchange movements and an outage at Huntstown...

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