Storms to cost Eir €500k

December’s record wet weather resulted in Eir incurring storm costs of around €500,000, the company said yesterday.

The diversified telecoms company formerly Eircom, yesterday reported a strong set of second-quarter and half-year results for the period to the end of December.

Quarterly revenues rose 4%, year-on-year, to €328m, while earnings before tax, interest, depreciation and amortisation, were up 4% at €117m.