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

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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...

 

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