Irish Continental Group Confident

May 9, 2025

Volumes (Year to date, 3 May 2025)

2025 2024 Change vs 2024
Cars 140,800 151,500 -7.1%
RoRo Freight 259,400 260,900 -0.6%
Container (teu) 132,800 103,300 +28.6%
Terminal Lifts 123,500 112,500 +9.8%

 

Volumes (Since last update, 1 March to 3 May 2025)

2025 2024 Change vs 2024
Cars 91,500 92,100 -0.7%
RoRo Freight 147,200 143,200 +2.8%
Container (teu) 69,000 55,700 +23.9%
Terminal Lifts 66,200 60,400 +9.6%

 

Irish Continental Group (1 January to 30 April 2025)

  • New US tariffs have created uncertainty in some trading flows.
  • Strong business model and balance sheet enable continued expansion.
  • Recent acquisitions include the JAMES JOYCE cruise ferry and an additional container ship.
  • Company capitalises on market weakness to grow on favourable financial terms.
  • Consolidated Group revenue rose by 7.1% to €189.5 million (2024: €177.0 million).

 

Ferries Division Overview (1 January to 30 April 2025)

  • Total revenues: €118.8 million (2024: €119.7 million), slight decline of 0.8% year-on-year
  • Traffic Volumes (year to 3 May 2025):
    • Cars carried: 140,800 (↓ 7.1%)
    • Freight (RoRo units): 259,400 (↓ 0.6%)
  • Early 2025 volumes affected by Holyhead Port closure. Partial reopening in mid-January led to market stabilisation. Full reopening expected on 1 July 2025

Read the trading update here