eircom reveals EUR11 million loss

4 Sep 2003

Ireland’s dominant telco eircom has reported an EUR11 million loss for the second quarter, compared to a profit of EUR2 millionin the first three months of 2003. The company went on to say that after dividend payments the total loss for the quarter jumped to EUR25 million. Sales rose modestly from EUR410 million to EUR424 million, while operating profit fell by EUR10 million to EUR25 million.