Cost savings help Eir to grow earnings by €7m

The company added 64,000 mobile phone customers in the past year

The company's earnings before before interest, taxes, depreciation, and amortization, stood at €156m during the second quarter, an increase of 5% or €7m. File picture: Naoise Culhane

Telecommunications firm Eir saw its earnings for the second quarter of the year increase by 5% on the back of a slight increase in revenue and various decreases in its operating costs.

On Thursday, the company posted its latest results for the period April to June. In that time, it recorded revenue of €326m, an increase of €6m year on year.