Commenting on the results, Chairman John B. McGuckian said;

“2024 was a record year for ICG across most of our key metrics. Our RoRo freight volumes and car volumes reached record highs as did key financial metric of EBITDA. The closure of Holyhead Port in December 2024 through to mid-January 2025 had a serious impact on our customers at a key time of the year for both RoRo freight and passenger traffic and clearly had an impact on our financials for 2024 and into the start of 2025.

Irish Ferries is very well placed to benefit from the continued recovery in volumes back to 2019 levels. The Container and Terminal Division is experiencing significant underlying growth and we are excited by the extension of our container concession in Belfast for a further six years to 2032 which we see as a vote of confidence in our operational expertise. Capital allocation remains a key part of our strategic focus and our current balance sheet strength puts us in a very strong position to avail of opportunities as they arise. I would like to thank all my colleagues who have contributed to our journey so far and I would like to particularly thank all of those on the front line who help us satisfy our customer needs on a daily basis.”

Full report here https://www.globenewswire.com/news-release/2025/03/03/3035250/0/en/Preliminary-Statement-of-Results-for-the-year-ended-31-December-2024.html

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