AA arm hit by weak euro

The euro’s weakness hit the Irish arm of insurance and roadside recovery firm AA last year with revenues and earnings declining despite an increased number of customers.

Revenues at AA Ireland fell to £18.8m (€25.92m) in the six months to the end of July 2015, according to the interim results of its parent group.

This compares to revenues of £19.4m at the same period last year.