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Steam Packet profits fell by 10% in 2024

The Steam Packet Company says it saw its profits fall by more than 10 per cent in 2024.

The ferry firm's directors' report and financial statements for the year will be laid before Tynwald during its April sitting.

The document shows it made a pre-tax profit of £10.5 million over the year, compared to £11.7 million the previous year.

And it also shows the company's revenues rose by almost 12 per cent, to just over £87 million.

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