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Irish Ferries is sailing along smoothly after a buoyant summer
More passengers, more cars and more trucks means more money for Irish Continental.
IRISH FERRIES HAS been carrying more people, cars and trucks to the UK and mainland Europe so far this year thanks to buoyant summer trade.
Irish Continental, which owns Irish Ferries, said in an update today that its takings had hit €93.4 million for the three months to the end of September, the “seasonally most significant quarter of the year”.
That figure was 10.3% up on the same time in 2013, while its operating profit for the period was also higher at €23.8 million.
The company said its summer trading was good across most parts of its business including passengers, car traffic and “roll-on, roll-off” freight, with only its container shipping trade going down.
In the year so far, Irish Continental has carried 1,507,500 passengers, 5% more than for the same time last year, and 347,200 cars – up 9%.
Its revenues for the year to the end of September are running at €224.1 million, compared to €205.6 million for that period in 2013.
The company said its fuel costs had gone up slightly because of the extra voyages it had been running with the Epsilon, which was added to the Irish Ferries fleet in December as its third ship making the Dublin to Holyhead journey.
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