Profits rise as revenues fall at Irish arm of Hertz

Pre-tax profits at the main Irish arm of car-rental giant Hertz increased by 21% to €15.6m last year.

Pre-tax profits at the main Irish arm of car-rental giant Hertz increased by 21% to €15.6m last year.

Newly filed accounts for Hertz Europe Service Centre Ltd show the business grew its operating profits from €12.93m to €15.63m and recorded a post-tax profit of €13.53m after paying corporation tax of €2m.