Economics – EU Commission forecasting real GDP growth of 1.8% for Ireland this year
Yesterday the European Commission released its latest projections for the EU economy, and is predicting strong growth for Ireland over the next two years. Real GDP growth in 2014 is forecast ...
Economics – Latest tourism figures likely to show continued rise in visitors to Ireland
This morning the Central Statistics Office will release overseas travel data for the three months to January. In the period October-December 2013, the total number of trips to Ireland increased by ...
Economics – Q4 average earnings forecast to be lower in the year
We are also due to get official data on Irish average earnings on Wednesday. Preliminary estimates for the third quarter of 2013 showed that average weekly earnings were €675.73, down 2.4% ...
Kerry Group – FY 2013 results show solid performance and outlook
Kerry group released its FY 2013 results on Tuesday 25 February 2014. The results show continued strong growth from the company’s ingredients business, especially in the Americas and in Asia. While ...
Irish Banks – Irish bank funding profiles continue to improve
According to the Department of Finance’s latest dataset, deposits in the covered banks (AIB, BoI, ptsb) increased by €0.3bn in January 2014 to €154.3bn. UK retail inflows (helped by favourable FX ...
Irish Banks – Total Irish mortgage lending declines slightly in 2013
The IBF announced yesterday that new Irish mortgage lending declined by 10% (y-o-y) in Q4 to €896m (with the comparative period benefiting from the expiration of tax reliefs). In aggregate, €2.5bn ...
CRH – 2013 results slightly ahead of forecasts but impairment charges highlight difficulties in the group
CRH has reported full year results this morning, slightly ahead of our forecasts in terms of sales and EBITDA but overshadowed by a significant and material impairment charge taken during 2013. ...
Kingspan – Strong FY results come in ahead of our forecasts
Kingspan has released a strong set of FY 2013 results this morning that have come in ahead of our forecasts. Revenue for the 12 month period amounted to €1.79 billion (merrion: ...
Aer Lingus – 2013 Full year results in line but FY 2014 guidance significantly below forecasts
Aer Lingus has released full year 2013 results this morning that are largely in line with our forecasts and previous guidance given by the airline. However, guidance for 2014 is materially ...
Economics – Main focus on Irish employment figures this week
There are a number of key Irish economic figures due for release in the coming week, including residential property prices, retail sales and private-sector credit for January, as well as official ...