ESB operating profits climb to €635m in 2015

Operating profits at the ESB increased by 13% to €635m in 2015 as a result of its power plants being operational for a greater period of time.

The €83m increase in profits does not include impairment costs of €104m associated with plants in Britain and Northern Ireland.

Commenting on the results, ESB chief executive Pat O’Doherty said the company’s solid financial performance last year was needed in order to deliver on its longer term commitments.