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Strong shipping demand boosts Irish Continental

Strong shipping demand boosts Irish Continental

Transporting 175,000 cars, 700,000 passengers and 163,000 containers between Ireland, the UK and Europe helped Irish Continental (ICGC) book a 3.7 per cent increase in revenue in the first half (see table). But fuel costs increased by almost half – a result of the rebounding oil price – so this strong top-line performance fed through to fall in underlying operating profit from €20.8m (£19.1m) to €19.1m.

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