Three Ireland earnings drop last year as inflation and high energy costs hit

Earnings fell by 7% in 2022 to €175m, down from €188m in 2021

Three Ireland said it was satisfied with its 2022 financial performance considering inflation and high energy costs. 

Three Ireland’s earnings dropped by 7% in 2022 as inflationary and energy price increases impacted its financial performance.

In its annual reports, the company reported earnings of €175m — down from €188m in 2021 — before interest, tax, depreciation and amortisation were taken into account. Revenue was up €41m last year, with Three Ireland reporting it was satisfied with the financial year.