Updated: 22/08/14 : 07:45:09
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Sligo Businesses are Eighth Slowest Paying Bills

Irish businesses improved their payment performance by more than five days in the past year, according to the latest insights from Experian®, the global information services company.The report shows Sligo ranked 8th slowest for paying bills. See table belowBusinesses in the Republic of Ireland paid creditor invoices on average 18.66 days beyond invoice terms during April, May and June of 2014, compared with 23.91 [...]  Read More...

Updated: 26/08/14 : 10:27:12
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Rising claims hit FBD's pre-tax profits

Rising claims costs, especially those related to extreme weather conditions, hit general insurer FBD's pre-tax profits in its half year to the end of June.The company posted a pre-tax profit of E3.27m in the period compared to E19.1m in the same period a year before despite gross written premiums that rose to E184.9m compared to E175.9m in the same period a year earlier.It said that the drop in profitability was "primarily due to [...]  Read More...

Updated: 26/08/14 : 10:28:11
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Kingspan trading profit up 24pc in H1

Cavan-based building insulation materials group, Kingspan, this morning posted trading profits that rose by 24pc to E69.2m for its half year on revenues that climbed 4pc to E889.3m.The improvement in the half year to the end of June came amid rising sales of its key products despite conditions remaining tough in the European construction sector."Kingspan has delivered strong growth in profitability, notwithstanding a tougher EU [...]  Read More...

Updated: 26/08/14 : 10:29:44
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UTV Media World Cup Success

Northern Irish radio and television broadcaster UTV Media Plc reported a 13 percent rise in first-half revenue as its radio stations drew in fans for the 2014 FIFA World Cup.The company, which held radio rights to the tournament, said it expects third-quarter revenue to grow 3 percent, underpinned by improving economic conditions in the UK and Ireland.Shares of the Belfast-based company rose 0.6 percent to 211 pence in early [...]  Read More...