Independent car rental firm profits hit €675k

Operating profits at the country’s largest independent car rental firm rose 15% last to €675,749.

Accounts just filed by Co Limerick-based Dan Dooley Group Ltd show the group’s operating profits increased after gross profit went up 40% from €5.84m to €8.23m in the 12 months to the end of November last (2012).

However, the group incurred a 6% drop in pre-tax profits to €525,625 as a result of net bank loan interest payments increasing almost five-fold to €150,124.