One51 and NTR face tough task to rebuild shareholder value

After failed ambitions of the boom years, the market needs to be convinced that new bosses are heading in the right direction, writes Samantha McCaughren.

11th March, 2012
One51 and NTR face tough task to rebuild shareholder value
Michael McNicholas, the former ESB executive now at the helm of NTR. Photo: Tony O'Shea

During the last decade, two charismatic chief executives - Philip Lynch of One51 and Jim Barry of NTR - lured investors into their grey-listed companies with expectations of a cash return in a few short years.

But both companies failed to live up to the grand ambitions of the boom years, and are now re-positioning themselves in order to re-build some value for shareholders.

Last year, new chief executives took the reins at both companies,...

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