No end to Irish Ferries’ woes

RESOLUTION of the deeply divisive dispute at Irish Ferries does not mean an end to the carrier’s woes, according to stock market analysts.

On its own admission the dispute has cost owners Irish Continental Group (ICG) €5 million in lost profits that will cut earnings per share from 81 cents to 60c in the current year.

Outsourcing will proceed as planned under the terms of the agreement forged in the early hours of yesterday morning, with the Irish minimum wage slated to be paid to agency workers.