Bord Gáis boss: ‘No privatisation plans’

THERE are no plans to remove Bord Gáis from state control, according to chief executive John Mullins who also revealed that profits will be down this year.

Bord Gáis will, however, still return a “manageable” profit and will report a turnover of around €450 million from its energy business this year.

Mr Mullins said it is the firm’s view is that it does not need privatisation for funding and the issue is “not within the remit of the board”.