Conor's Feed
Jun 3, 2015

Irish homebuilder Cairn to raise up to $446 mln in London listing

LONDON/DUBLIN, June 3 (Reuters) – Irish construction firm
Cairn Homes unveiled plans on Wednesday to list its shares on
the London Stock Exchange, raising up to $446 million
through a share placing with conditional trading set to start on
10 June.

The first home builder in the country to float since
Ireland’s 2008 property market meltdown, the company said it
expects to raise gross proceeds of between 350 million and 400
million euros ($390-446 million) via the placing with
institutional and other professional investors at 1 euro a
share.

May 27, 2015

Ryanair targets easyJet to maintain profit momentum

DUBLIN (Reuters) – Ryanair (RYA.I: Quote, Profile, Research) forecast a 10 percent rise in profit and passenger numbers in its current financial year as it targets more primary airports and improves its online offering to compete better with rivals such as easyJet (EZJ.L: Quote, Profile, Research) and former flag carriers.

The success of its recent image makeover, however, means the Irish airline does not expect to have to slash prices to gain market share. After posting full-year profit up 66 percent, Chief Executive Michael O’Leary said average fares would remain broadly flat in the key summer months, while easyJet expects a 4 percent drop in revenue per seat in the three months to June.

May 26, 2015

Ryanair cashes in on improved service with profit surge

DUBLIN, May 26 (Reuters) – Ryanair’s profits surged
66 percent in the year to March as passenger numbers grew almost
three times the targeted level on improved service and lower
fares, with a more modest 10 percent profit growth forecast for
this financial year.

Passenger numbers increased 11 percent to 90 million,
compared with the 4 percent targeted at the start of the year,
with 100 million expected to fly with the Irish airline in the
current fiscal year.

May 26, 2015

Ryanair profits up 66 pct as passenger numbers surge

DUBLIN, May 26 (Reuters) – Ryanair reported a 66
percent jump in profit after tax for the year to March after
passenger numbers grew almost three times the targeted level,
and forecast another rise in profit this year as improving
service boosted load factors.

The Irish airline, Europe’s largest airline by passenger
numbers, said profit after tax was 867 million euros and would
reach between 940 million and 970 million this year. Passenger
numbers increased 11 percent to 90 million, compared to the 4
percent growth targeted at the start of the year.

May 24, 2015

Irish voters back gay marriage in ‘social revolution’

DUBLIN (Reuters) – The people of Ireland backed same-sex marriage by a landslide in a referendum that marked a dramatic social shift in a traditionally Catholic country that only decriminalized homosexuality two decades ago.

After one of the largest turnouts in a referendum there, 62 percent of voters said ‘Yes’, making Ireland the first country to adopt same-sex marriage via a popular vote.

May 23, 2015

Gay Ireland hails ‘a new Republic’ as same-sex marriage approved

DUBLIN, May 23 (Reuters) – Gay couples flocked to central
Dublin to celebrate a “historic watershed” on Saturday as a
large majority in the traditionally Catholic country voted to
allow same-sex marriage, the culmination of a four-decade
struggle for gay rights.

Waving rainbow flags, embracing and crying, two thousand
people gathered to watch the official results in the courtyard
of Dublin Castle after voters, young and old, accounted for one
of the highest turnouts in a referendum for decades.

May 23, 2015

Ireland backs gay marriage in historic vote, ministers say

DUBLIN (Reuters) – Ireland appears to have voted heavily in favor of allowing same-sex marriage in a historic referendum that marks a dramatic social shift in the traditionally Catholic country, government ministers and opponents of the bill said on Saturday.

Final results are not expected until later in the day in a vote that would make Ireland the first country to adopt same-sex marriage via a popular vote, just two decades after the country decriminalised homosexuality.

May 22, 2015

Irish vote on gay marriage in landmark referendum

DUBLIN (Reuters) – The Irish voted on Friday on whether to allow gay marriage, just two decades after decriminalizing homosexuality, with a strong early turnout likely to favor the ‘Yes’ side.

With the once mighty Catholic Church’s influence ravaged by child abuse scandals, opinion polls indicated the proposal would pass by as much as two-to-one, making Ireland the first country to adopt same-sex marriage via a popular vote.

May 21, 2015

Ireland looks set to back gay marriage in landmark referendum

DUBLIN (Reuters) – Ireland votes on Friday on whether to allow gay marriage in a referendum that could make the once deeply Catholic country the first in the world to adopt the policy by popular vote.

The reform is backed by all political parties, championed by big employers and endorsed by celebrities, all hoping it will mark a transformation in the last country in Western Europe to decriminalize homosexuality just over two decades ago.

May 19, 2015

Gay marriage vote marks a quiet revolution in Ireland

DUBLIN, May 18 (Reuters) – Ireland, the last country in
Western Europe to decriminalise homosexuality, now looks set
only two decades later to become the first in the world to
approve same-sex marriage in a national referendum.

Back in 1993, legalising gay sex divided a deeply Catholic
society. But a quiet revolution since then has so changed
Ireland that now all political parties strongly back the reform.
Only two of the 166 parliamentary deputies oppose it.