NTR profit slips in short report period

NTR, which recently sold its 50% stake in the West Link toll bridge to the State for €600 million, saw its net profits fall to €14m for the year to March 31, 2007.

That is well down on the profit of €22.2m for the 15-month period to March 31, 2006.

The reversal reflects capital spending by the group which topped €752m for the year.