Toll road operator’s profit up despite fall in traffic

The operators of the €295m Rathcormac-Fermoy bypass in Co Cork saw an increase in profits last year, despite less motorists using the route.

Toll road operator’s profit up despite fall in traffic

Accounts filed by Directroute (Fermoy) Ltd show increased pre-tax profits from €964,909 to €1.04m in the 12 months to the end of December.

Profits rose in spite of revenues decreasing 2% from €15.8m to €15.5m.

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