Eir revenue jumps 4% but earnings decline slightly

Operating costs also increased following investment into retail last year

The rise in operating costs has not deterred Eir from further growth as its chief executive Oliver Loomes said the company “plans to continue to invest in our presence in towns and communities across Ireland to support local employment”. Pic: Marc O'Sullivan

Telecoms company eir posted a small jump in revenue driven by a rise in commercial customers, but earnings also declined slightly in the same period.

In its annual results, eir reported a 4% rise in revenue to almost €1.3bn, boosted by strong growth toward the end of the year when consumer spending was also up according to recent Central Statistics Office figures.