Business Irish

Monday 26 June 2017

Eircom revenue slips to €311m

results

EIRCOM has reported revenues of €311m for the summer months last year, down 1pc.

Earnings grew to €120pc, an 8pc increase, although the previous year's figure was negatively impacted by the cost of storm damage.

The company announced continued broadband growth with 766,000 total broadband connections, a 9pc hike year-on-year. There was also strong high-speed fibre uptake, up 40,000 to 242,000.

Operating costs continued to drop too, and were off 6pc with a 17pc decrease in the pay bill.

Herald

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