Operating profits at Limerick tunnel firm up after toll hike

Last year, the hike in toll charge at DirectRoute (Limerick) Ltd contributed to toll income rising by 19%, from €17.86m to €21.2m

Toll charges for cars increased by 10c to €2.10 in inflation-linked toll increases on July 1, 2023, and they have since increased by another 20% at the start of 2024 to €2.30. Picture: Dan Linehan

Operating profits at the consortium which operates the €800m Limerick tolled tunnel last year increased by 23% to €10.86m after a hike in toll charges.

New accounts show DirectRoute (Limerick) Ltd last year enjoyed an operating profit surge as revenues went up by 10%, from €24.67m to €27.19m.