Eir earnings rise as customer numbers grow

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CEO Oliver Loomes says company had ‘solid performance’ during third quarter

Telecoms company Eir said revenue and earnings rose in the third quarter as the company continued to grow its customer base.

Still, operating costs rose 6 per cent to €102 million, with non-pay costs up 13 per cent as accommodation and marketing costs rose. Pay costs fell 3 per cent over the period. Ezviz RE4 Plus review: Efficient budget robot cleaner but can suffer from wanderlust under the wrong conditions In the first nine months of the year, Eir’s revenue rose 2 per cent to €955 million, driven by growth in postpay mobile and bundling, and an increase in National Broadband Plan access revenue. This was offset by reductions in revenue for voice traffic. Fixed line revenues continued to fall, declining by €3 million to €704 million. Ebitda rose 4 per cent year on year to €475 million.MOST READ

 

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