Saturday December 7, 2019

NTR reports H1profit of €72.6 million as it spins off wind energy business

Renewable energy group says de-merger to take place today

25th November, 2015
NTR is de-merging its European wind energy business

NTR has reported a first-half profit of €72.6 million, an increase of €67.2 million on the same period last year, ahead of the de-merger of its European wind business, which is due to take place today.

The renewable energy company said the profit was principally due to a gain on the sale of its Wind Capital Group, foreign exchanges gains and six weeks of trading by its US wind business.

Meanwhile, following receipt of High...

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