British tour operator First Choice has reported a slip in full-year profits in what it described as one of the "toughest and most challenging years for the travel industry".
The company which employs just under 200 at several outlets in the Republic posted pre-tax profits - before one-off costs - of £72.5 million sterling.
Turnover for the year decreased by 8 per cent to £2.183 billion from £2.369 billion.
The final dividend was increased by 7 per cent to 3p from 2.8p, making a total dividend of 4.5p, up from 4.2p.
During the course of the year the group acquired Exodus Travels Limited and Porter & Haylett Limited, which operates under the Connoisseur brand name.
Chairman Mr Ian Clubb said: "We are pleased with the results we have achieved in what has been one of the toughest and most challenging years for the travel industry, in recent history."
European travel companies have suffered since the US terror attacks as economic growth slowed and people delayed holiday plans.
PA
