for the year ended 31 December 2024

	Notes	2024 €’000	2023 €’000
Continuing operations
Revenue	2	1,606,044	1,560,314
Operating costs	3	(1,036,931)	(983,624)
Impairment of trade receivables	3	(19,525)	(16,449)
Operating profit before depreciation and amortisation (EBITDA) and exceptional items		549,588	560,241

Exceptional item - grant income for new connection customer refunds	25	82,475	2,075
Exceptional item - grant expense for new connection customer refunds	25	(82,475)	(2,075)
Exceptional item - net grant income/(expense)	25	-	-

Depreciation and amortisation	5	(217,161)	(177,537)
Operating profit		332,427	382,704

Finance income	6	5,204	4,119
Finance costs	6	(16,527)	(8,263)
Net finance costs		(11,323)	(4,144)

Profit before income tax		321,104	378,560

Income tax	7	(42,499)	(49,289)
Profit for the year		278,605	329,271

Income Statement