27th May 2008 10:11
Newcourt Group plc Ticker. NEW.I AGM Statement Newcourt Group plc ('Newcourt' or the 'Group'), a leading, Irish based, supportservice group, today held its AGM at 10 am at the Conrad Hotel, Dublin 2,Ireland. At the AGM, Newcourt Chief Executive, Mr Ted O'Neill, commented: "We experienced another year of growth and development in 2007. Financialhighlights for the 2007 full year included: -- Revenue growth of 42% to EUR 165.9 million -- Trading profit growth of 39% to EUR 15.5 million -- Operating profit growth of 30% to EUR 11.3 million -- Profit before tax growth of 21% to EUR 9.3 million -- EPS growth of 17% to 11.1 cent The performance reflects strong organic growth across our business units in2007. The Group also completed a number of acquisitions during 2007 which havebeen effectively integrated into the business and are contributing to thedevelopment of Newcourt as a leading support service group. Looking at the current year, we are satisfied with our performance to date in2008. The group will report 2008 First Half Results on Tuesday, September 2, 2008. ENDS About Newcourt Group plc Newcourt is a leading provider of support services, employing over 3,200 staffthroughout the island of Ireland. The group had four operating divisions:Support Services, Student Accommodation, Recruitment and Aviation Outsourcing. Contact \* TTed O'Neill Mark Kenny/Jonathan NeilanNewcourt Group K Capital SourceMobile: + 353 86 8214467 Tel: +353 1 631 5500 Email: [email protected]\* T Copyright Business Wire 2008Related Shares:
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