Irish Continental Grp

Investments should start to bear fruit

  • Companies : Irish Continental Grp

Ratings and price correct at time of issue.

  • Irish Continental Grp

    Closing Price: 392c

  • RATING 30/08/18

  • PREVIOUS RATING 19/02/18

    NEUTRAL

DAVY VIEW

Irish Continental Group (ICG) will report interim results on August 29th. The focus will be on outlook, the deliverability of FY forecasts and recent trading. H1 statistics from Dublin Port have been solid and ICG, as market leader, is a crucial player in the supply chain – both freight and tourism. Its investments, balance sheet and market position leave it well placed to strategically benefit from any potential market dislocation in the coming months.

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Aug 26 2019, 11:10 IST/BST

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