Irish Continental Grp

Company performing well

  • Sectors : Shipping
  • Companies : Irish Continental Grp

Ratings and price correct at time of issue.

  • Irish Continental Grp

    Closing Price: 511c

  • RATING 30/08/18

  • PREVIOUS RATING 19/02/18

    NEUTRAL

DAVY VIEW

In a very uncertain macro environment, at a micro level the company is performing well. Further advancements, including the purchase of the James Joyce cruise ferry, suggest that the ferry fleet investment and ownership level are where Irish Continental Group (ICG) wants to be strategically positioned. We will retain our €142.5m 2025 EBITDA forecast in advance of the summer.

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May 8 2025, 07:10 IST/BST

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