Irish Ferries owner reports growth in car carryings

Irish Ferries owner reports growth in car carryings

The owner of Irish Ferries reported a 2.2% rise in car carryings to 385,100 in the past year.

The ferries division of Irish Continental Group saw annual revenues rise by 1.4% to €184.4 million in the ten months to October 31.

Overall revenue grew by 3.1% to €288.9 million, according to a trading update issued this morning.

The company said: “The euro value of the division’s sterling originating revenues have been affected by weaker sterling but this has been partly mitigated by offsetting improvement from sterling based costs.

“Fuel costs continue to be impacted by higher global fuel prices compared to the previous year.”

Irish Ferries new ferry W.B. Yeats, being built at a German shipyard, remains on schedule for delivery in June 2018 and bookings have opened for travel on the vessel.

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