News | Latest Breaking News Stories & Headlines

ESB's half year operating profits down by 34% (Pic - RollingNews.ie)

ESB Group's half year operating profits dim by 34%

ESB Group has reported a 34% decrease in operating profits for the six months to the end of June due to the continued normalisation of global energy markets after what it called the "extraordinary" volatility and peaks in pricing seen in 2022 and early 2023.

Business • 17 Sep 24

ESB's half-year group operating rose by €157m to €676m, which it said allowed it to invest €779m of capital expenditure in critical infrastructure

ESB Group's half-year profits up 30% to €676m

ESB Group has reported a 30% increase in its group operating profits for the six months to the end of June after what it called a period of continued uncertainty and change for the energy industry.

Business • 19 Sep 23

ESB's operating profits jump to €847m on higher prices

The ESB Group has reported operating profits before exceptional items of €847m for the year to the end of December, up from €679m in 2021.

Business • 22 Mar 23

Marguerite is the new Deputy Chief Executive of the ESB Group

Sayers appointed new ESB deputy CEO

Marguerite Sayers has been appointed Deputy Chief Executive of the ESB Group.

Business • 18 Nov 22

ESB's profits rose on the back of more demand for electricity, and changes to its network tariffs

ESB reports 10.2% rise in operating profits for 2021

ESB Group made a €679m operating profit before exceptional items last year, an increase of 10.2% on the 2020 figure.

Business • 10 Mar 22

ESB Group said that increased residential demand offset falls in the business sector impacted by Covid-19 during 2020

ESB Group's 2020 profits fall on Covid-19 hit

ESB Group has reported an operating profit before exceptional items of €616m for 2020, a decrease of €66m on 2019 after a "challenging" operating environment brought about by the Covid-19 pandemic.

Business • 12 Mar 21

Electricity demand in Ireland fell by about 15% at the height of the Covid-19 lockdown restrictions

ESB's H1 operating profits down 15% on reduced demand

ESB Group has reported a loss after interest and tax of €66m for the six months to the end of June after "a period of unprecedented global turmoil brought about by the continuing challenge of the Covid-19 pandemic".

Business • 18 Sep 20

Electric Ireland profits were down because the company deferred price increases until April

'Challenging' year on the energy market - ESB

ESB delivered "satisfactory results" in 2018 in what was a challenging year on the energy market, according to the company's chief financial officer.

Business • 21 Mar 19

ESB said that a number of major storms had a serious impact on the network and its customers during the year, including Storm Ali

ESB reports operating profits of €455m amid challenges

The ESB Group has reported an operating profit of €455m for the year to the end of December, amid challenging market conditions.

Business • 21 Mar 19

ESB Group's half yearly profit after tax and interest fell by €32m to €141m

ESB Group's H1 operating profits dip

The ESB Group has reported a "satisfactory performance" for the six months to the end of June as it announced a €30m dividend to the State.

Business • 28 Sep 18

ESB paid a dividend of €60m to the Exchequer for 2017

ESB posts loss of €32m for 2017 amid challenging market

The ESB Group lost €32m last year amid what the semi-state said were challenging market conditions.

Business • 09 Mar 18

ESB Group's half yearly profit after interest and tax soared to €173m from €64.2m

ESB Group raises dividend as half yearly profits soar

ESB Group has reported higher operating profits and revenues for the six months to the end of June as it continued to invest in long term electricity infrastructure.

Business • 29 Sep 17