ESB profits drop 19% as wholesale energy prices decline

ESB profits drop 19% as wholesale energy prices decline

The Electricity Supply Board (ESB) has reported a significant decline in its post-tax profits for last year, with figures falling to €706 million – a drop of €162 million or 19% compared to 2023. According to the company’s annual report, the substantial reduction in profits was primarily attributed to decreases in wholesale energy prices throughout … Read more