Noonan Services sales of €200m

Earnings at the Noonan Services Group last year rose by 9% to €12.2m as revenues topped €200m.

According to accounts, Noonan Services Group Ltd achieved the jump in earnings before interest, tax, depreciation and amortisation (EBITDA) as revenues increased by 29% to €203.2m in the 12 months to the end of December 2014.

But pre-tax profits at the firm last year declined by 32% from €8.1m to €5.5m and this is mainly attributable to exceptional operating expenses of €2.3m.