Hertz’s European Centre pre-tax profits drop 32% to €7.3m

PRE-TAX profits at the Dublin-based European Services Centre for car-hire giant Hertz in 2009 decreased by 32% from €10.8m to €7.3m.

Accounts filed with the Companies’ Office show that Hertz Europe Services Centre Ltd’s (HESC) turnover dropped by 13% from €62m to €53.9m to the end of December 2009.

Last year HESC announced an expansion of its European Shared Services centre in Dublin with the recruitment of 100 staff that would bring total employment at the Swords facility to over 930.