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Wed 11 Nov 2009ICG shares up despite fall in profits
IRISH CONTINENTAL Group’s share price rose by 1.8 per cent yesterday in spite of the company announcing a sharp fall in revenues and profit for the first nine months of this year.
In an interim management statement published yesterday, ICG, which owns Irish Ferries, revealed that its revenues declined to €197 million in the nine months to the end of September, from €265.5 million a year earlier.
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