Consensus forecasts for this year’s operating profit increased to €82 million from €74 million.

Consensus forecasts for this year’s operating profit increased to €82 million from €74 million.

  • INM holds interim dividend payment steady

    INDEPENDENT NEWS MEDIA (INM) held its interim dividend steady for the first time in more than a decade as the firm reported a 0.5 per cent drop in pre-exceptional operating profit in the six months to June and said it was "difficult" to reliably forecast advertising sales in the second half of the year.

  • ILP tells investors it can release €1bn capital

    SHARES IN Irish Life Permanent (ILP), the country's largest mortgage lender, gained 9 per cent after the company reassured investors that it could draw more than €1 billion in additional capital from its life assurance business to cover any future loan losses.


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Highlights

  • Credit at home feeling crunch

    Foreign investors believe the economic downturn and property slump will hit Irish banks hard, writes Simon Carswell, Finance Correspondent