First results promising for Newcourt Group

The newly listed Newcourt Group has announced its first set of results since its admission to the Irish Enterprise Exchange last November. The company is involved in the security and recruitment sectors.

The company reported pre-tax profits of just over €2.2m for 2005, up considerably from €340,000 in 2004. Earnings per share for 2005 were 6.09 cent, compared to 2.40 cent in 2004.