Irish Continental Posts Strong Half-Year Growth

Irish Continental (GB:ICGC) has released an update.

Irish Continental Group plc reported an 8.1% revenue increase to €285.5m and a slight EBITDA rise to €49.7m in its half-year 2024 results, reflecting strong growth in passenger and freight volumes on the back of a recovering travel sector. The company also declared a higher interim dividend and noted the strategic introduction of the Oscar Wilde ferry on the Dover – Calais route, enhancing capacity and customer offerings. Despite an increase in net debt due to fleet expansion, ICG’s performance indicates solid progress and positions it well for future growth.

For further insights into GB:ICGC stock, check out TipRanks’ Stock Analysis page.