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Revenues at Irish Ferries owner up 8% in early 2024

Irish Continental Group's revenues up 8.3% in the first four months of this year
Irish Continental Group's revenues up 8.3% in the first four months of this year

Irish Ferries owner Irish Continental Group has reported revenues of €177m for the first four months of this year - an increase of 8.3% compared with the same time last year.

In a trading update for the four months to the end of April, ICG said that total revenues at Irish Ferries rose by 12% to €119.7m from €106.9m the same time last year.

For the year to May 4, Irish Ferries said it carried a total of 153,200 cars, an increase of 21.2% on the 126,400 cars carried during the same time last year.

Freight carryings rose by 16.5% to 262,500 RoRo units from 225,400 units in 2023.

Meanwhile, revenues at ICG's Container and Terminal Division came to €68.8m, a 1.1% decrease on the same time last year.

For the year to May 4, container freight volumes shipped were 104,400 teu, an increase of 6% on the previous year's total of 98,500 teu.

Volumes handled at the terminals in Dublin and Belfast totalled 113,400 units, an increase of 10.1% year on year.