The telecommunications group recorded revenue of €320m in the three-month period, an increase of €2m year-on-year.
This growth was largely by a rise in mobile customers, Eir reported
Earnings before interest, taxes, depreciation, and amortisation (Ebitda) rose by 3pc, or €4m, to €149m in the quarter.
Eir reported that a 4pc increase in operating costs. Costs rose to €103m, up 4pc.
Pay related costs were down 2pc, while non-pay costs increased by 9pc as accommodation and marketing costs rose.
The company’s fibre broadband base was 879,000 in the second quarter, up 27,000 from the same period in 2023. Around 93pc of its broadband base is now connected to the fibre network.
The company now has around 1.475 million mobile customers, up 108,000 year-on-year.
Around 78pc of the mobile base are postpay subscribers, Eir reported.
Eir TV subscribers jumped by 20pc year-on-year to 110,000.
A total of 91pc of fixed consumer households were on bundles in the period. A bundle includes two or more of the group’s products.
Chief executive Oliver Loomes said that company has had a steady start to the year.
“Eiir continues to invest €250m per annum to ensure Ireland is equipped with world-class communications infrastructure to drive economic expansion, foster innovation and maintain our competitive edge on the global stage,” he said.
Chief financial officer Stephen Tighe added that the performance in the first three months of 2024 was in line with expectations.
“We have continued rolling out our fibre-to-the-home (FTTH) and 5G technologies as part of our €1bn capital investment programme,” he said.
“With 1.9m premises expected to be passed with FTTH broadband by the end of 2026, together with our rapid expansion in 5G network coverage, through this large-scale investment, we are well-positioned to expand our customer base through the offering of high quality, high value products over the coming years,” he added.
