Waterford Wedgwood results hit shares

THE ISEQ index was stronger for a fourth consecutive day, edging ahead 11.43 points to 5320.01.

Elan, which held its AGM yesterday rose 17c to €18.10.

Waterford Wedgwood released results yesterday and reported a pre-tax loss of €44.9 million. The company said the results were partly due to the impact of the war in Iraq and the weak dollar. The stock dipped to €15.9c.