Irish Continental Group Units (Comp) (CDI) (ICGC)

Sector:

Tourism and Leisure Services

 455.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 540.00p
  • 52 Week Low: 368.00p
  • Currency: UK Pounds
  • Shares Issued: 164.58m
  • Volume: 100
  • Market Cap: £748.84m
  • RiskGrade: 257

Irish Continental says repairs to Dublin-Holyhead ferry taking longer

By Josh White

Date: Monday 09 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Irish Continental Group said on Monday that the Ulysses, operated by its subsidiary Irish Ferries on the Dublin-to-Holyhead route, reported technical difficulties with its starboard controllable pitch propeller on 24 June.
The London-listed firm said the vessel entered drydock in Belfast on 28 June, with the investigation and repairs to the vessel initially expected to take no longer than five days, allowing her to resume service on 4 July.

"We have now been informed by service engineers that the issue is more serious than originally anticipated and they expect the vessel will be out of service for a further period of one to two weeks," the board said in its statement.

In advance of her return to service, Irish Continental said it would adjust the schedules of its other vessels to minimise the disruption to customers as much as possible.

The Dublin-to-Holyhead route would operate with the Epsilon on the Ulysses schedule, alongside the Dublin Swift which would operate additional evening sailings.

"Irish Ferries would like to apologise to all our passenger and freight customers for this technical disruption.

"Despite our best efforts we can find no replacement tonnage in what is now the peak tourism season," the board explained.

It noted it was the first major disruption on the Ulysses since her deployment on the route in 2001.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ICGC Market Data

Currency UK Pounds
Share Price 455.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 540.00p
52 Week Low 368.00p
Volume 100
Shares Issued 164.58m
Market Cap £748.84m
RiskGrade 257

ICGC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
73.88% below the market average73.88% below the market average73.88% below the market average73.88% below the market average73.88% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Price Trend
55.90% above the market average55.90% above the market average55.90% above the market average55.90% above the market average55.90% above the market average
20.75% above the sector average20.75% above the sector average20.75% above the sector average20.75% above the sector average20.75% above the sector average
Income
11.91% above the market average11.91% above the market average11.91% above the market average11.91% above the market average11.91% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Growth
41% below the market average41% below the market average41% below the market average41% below the market average41% below the market average
79.59% below the sector average79.59% below the sector average79.59% below the sector average79.59% below the sector average79.59% below the sector average

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ICGC Key Personnel

CEO Eamonn Rothwell
CFO David Ledwidge

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