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Eircom to report rise in profits, say analysts

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  • 25-08-2004 11:32am
    #1
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭


    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


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