Construction News

30/11/2011

NTR Reports Stable Performance

NTR, investors in renewable energy and sustainable waste management businesses, has reported a solid performance by decreasing Group losses by 64%.

Group revenues increased by €172.4 million, and the loss attributed to equity holders of NTR for the period ended September 2011 amounted to €41.2 million, down from €94.9 million in the corresponding period in the previous year.

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The Group also made a number of investments including roads, development of more wind farms and its waste division.

Chief Executive of NTR, Michael McNicholas, said: "Our focus is on consolidating our portfolio of businesses and redirecting capital into value-adding opportunities."

(CD)

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