Our Strategy
There are two principal elements to the Group’s strategy for delivering value to shareholders:
Investment in quality assets in order to achieve economies of scale consistent with a superior customer service.
Benchmarking costs to industry best practice to enable the Group to compete vigorously in its chosen markets.
This strategy is supported by our five strategic pillars:
Further details on our strategic pillars can be found under Group Strategy and Corporate Governance.
Please see Strategy in Action.
Our Key Resources as outlined below are central to delivering our principal business activities and achieving our strategic objectives.
Reliability underpinned by major investment in tonnage and maintenance of quality assets ensuring the high levels of schedule integrity demanded by our customers.
Always on, always in touch our shipping and terminal services operate 24/7, assisted by investment in modern booking and tracking systems to ensure our customers can keep in touch over a variety of platforms.
Strategically located container terminals which handled 320,800 container units during 2019 in Ireland’s main ports of Dublin and Belfast for shipping operators providing services to key continental hub ports and onwards access to global markets.
Connected container transport services provided by Eucon, transporting 343,400 teu (twenty foot equivalent) in 2019 between Ireland and over 20 countries throughout Europe by sea, road, rail and barge.
Fastest crossing on the Irish sea on board the Irish Ferries Dublin Swift fastcraft service with a sailing time of two hours between Dublin and Holyhead at speeds of up to 65 kph.
Strategic short sea RoRo routes operated by Irish Ferries providing a seamless connection from Ireland to the UK and Continental motorway network for the 313,200 RoRo units carried in 2019.
At the end of 2019 the Group had 307 direct employees, located in Ireland, the UK and The Netherlands.
Voted best Ferry Company by travel trade professionals for the 13th year in a row at the ‘Irish Travel Trade News Awards’.
Key contributor to regional tourism in Ireland, Irish Ferries carried 1.5 million passengers and 401,300 cars during 2019 with research indicating that car tourists stay longer and travel outside the main urban centres.
High standard on-board experience enjoyed by our Irish Ferries customers encompasses quality food, beverage, entertainment and accommodation services. Passengers are never out of touch with free satellite wi-fi services.
The Group maintained liquidity reserves of €201.3 million at 31 December 2019 comprising cash and undrawn committed loan facilities.
Share listing on Euronext Dublin and the London Stock Exchange.