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Eircom to report rise in profits, say analysts

dahamsta · 2004-08-25 10:32:34

Be hard not to report a bottom-line increase after the way the shareholders raped the company last year. adam

25-08-2004 10:32am

#1

dahamsta

Banned (with Prison Access) Posts: 16,659 ✭✭✭✭

Join Date: October 2000

Posts: 15270

The Irish Examiner says that Eircom is expected to report a bottom-line increase when it announces its results later this week. Davy and Goodbody stockbrokers are predicting a drop in sales, although they expect profits to rise by nearly 2 percent. Davy analyst Jack Gorman forecasts revenues of EUR402 million for Eircom, with earnings before interest, tax, depreciation and amortisation of EUR148 million, and pre-goodwill diluted earnings per share of EUR0.01.

Be hard not to report a bottom-line increase after the way the shareholders raped the company last year.

adam

1