ESB H1 operating profit falls €50m

The depreciation of sterling in the aftermath of the UK’s Brexit vote coupled with intense competition in the Irish market saw ESB record its weakest half-yearly operating profit in years.

ESB H1 operating profit falls €50m
Sat, 01 Oct, 2016 - 01:00
Peter O’Dwyer

The company yesterday released its interim results covering the period to the end of June which showed operating profit fell by €50m to €287m.

This represented the electricity provider’s worst performance in five years.

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