Irish Continental Group has said its group revenue for the first four months of this year rose to €72.1m from €70.4m the same time last year.

In an interim management statement, the company said that its Irish Ferries division saw passenger numbers fall by 1.5% to 418,100, while car numbers fell by 5.5% to 85,000.

The company that the early Easter was a contributory factor in the falls.

In its roll-on-roll-off freight market, it carried 71,000 units, up 6.4% on the same time last year.

Container freight volumes shipped increased by 10% to 102,100 units, while units handled at its Dublin and Belfast terminals fell by 3.4% year on year.

The company noted that its business is significantly weighted towards the second half of the year when normally a higher proportion of its operating profit is generated than in the first six months of the year.

ICG noted that operating costs, before depreciation and amortisation, were up 1.1% at €76.3m in the first four months of the year. Non-fuel costs rose 4% due to volume related port costs, while fuel costs dropped by 8%.

The company said that its net debt at the end of April stood at €113.2m compared with a figure of €116m at the end of December 2012.

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