ESB operating profits rise 10% as dividend to state hits €126m | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

ESB operating profits rise 10% as dividend to state hits €126m, lorcanallen reports.

The company said it has now returned €1.2 billion to the state over the last decade.

ESB has increased its dividend payout to the Irish state by more than 50 per cent after it reported double-digit profit growth for its 2021 financial year. Announcing full year results on Thursday, the semi-state energy company reported a 55 per cent increase in pre-tax profits last year to €288 million. Operating profits for the company grew by 10 per cent to €679 million, despite profit margins shrinking from more than 16 per cent in 2020 to...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines