25/09/2015

ESB Profits Rise By €10m

Irish energy firm ESB today has announced an operating profit of €337 million, an increase of €10 million on the same period in 2014.

ESB's Chief Executive, Pat O'Doherty, said: "These results reflect a solid performance in the first half of 2015, while markets continue to be challenging as wholesale electricity prices remain low.

"ESB continues to deliver value for its customers, its shareholders, and for the Irish economy, while maintaining its financial strength and credit rating."

Profit after tax was €201 million, an increase of €93 million on the same period in 2014.

(CD/JP)

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