NTR profits rise by 13.9%

Renewable energy investor NTR has reported a 13.9 per cent increase in profits to €35.7 million for the year to the end of March.

The company, which reported unchanged revenues of €45.5 million, said Wind Capital Group contributed €8.4 million to profits and it posted €8.8 million in foreign exchange rate gains due to the strong dollar. NTR also recorded an income tax credit of €8.1 million relating to the sale of the ...