Newcourt profits rise as turnover hits €65m

SECURITY and recruitment firm Newcourt Group made a profit of €2.2 million in 2005, its first year as a quoted company.

Profits were up from €340,000 in 2004 as turnover rose from €42.7m to €65.3m.

Turnover at Newcourt's two divisions the provision of security guards and Sigmar Recruitment both saw operating profit rise.