CIÉ Tours International turns small profit on fewer tourists

Its bus and rail divisions might be struggling financially with the threat of routes and services being axed, but CIÉ’s international coach tours division is still turning a small profit.

CIÉ Tours International, a wholly owned subsidiary of the CIÉ group, reported a surplus of €900,000 last year, although it represented a sharp 69% reduction on 2014 profit levels of €2.9m.

Falling profits resulted from a slowdown in business in 2015, with turnover down 6% to €81m, compared with €86.2m in the previous year.