Esso back in black as pre-tax profits hit €18m

ESSO Ireland made its first profit for three years in 2006 helped by the sale of some of its filling stations.

The company, owned by American oil giant ExxonMobil, made a pre-tax profit of €18 million in 2006 reversing a loss of €11.9m in 2005.

At operating level, which excludes the gains on the sale of some of its forecourts, profits were €3.7m compared to a loss of €13.05m in 2005,accounts just filed at the Companies Registration Office reveal.