Irish Continental Group reported a robust 2025 financial performance, driven by freight demand, pricing discipline, and high asset utilisation.
Key Financials (2025 vs 2024)
- Revenue: €666.7m (+10.4%)
- EBITDA: €150.6m (+12.8%)
- Operating Profit: €85.6m (+23.9%)
- Profit Before Tax: €77.5m
- EPS: 46.6c (+28.4%)
Cash & Balance Sheet
- Operating cash flow: €162.2m
- Capex: €102.0m (incl. fleet investment)
- Net debt: €256.1m (1.0x EBITDA)
- Shareholder returns: €123.2m
- Dividends: €25.5m
- Buybacks: €97.7m
Operational & Cost Dynamics
- Revenue growth supported by:
- Higher freight volumes
- Improved pricing
- Strong asset utilisation
- Cost pressures included:
- Crew and port inflation
- EU ETS carbon costs (now structural)
- Fuel cost volatility (partially offset via surcharges)
Strategic Highlights
- Transition to full fleet ownership completed (purchase of JAMES JOYCE)
- Continued investment in terminals and fleet upgrades
- Strong performance across both divisions:
- Ferries
- Container & Terminals
Returns & Efficiency
- ROACE: 18.9% (up from 16.9%)
- Continued disciplined capital allocation and strong cash conversion
