New World Oil And Gas Regulatory News (NEW)

29 May 2007 14:01

Newcourt Group plc ('Newcourt' or the 'Group') (LSE:NEW)(ISE:NEW), a leading, Irish based, support services group, today heldits AGM at 2pm at the Conrad Hotel, Dublin 2, Ireland. £ At the AGM, Mr Ted O'Neill, Newcourt Chief Executive Officer,commented: £ "2006 represents another year of growth and development forNewcourt. Financial highlights, for the 2006 full year included: £ -- Turnover growth of 78% to EUR 116.5 million £ -- Trading profit growth of 105% to EUR 11.2 million £ -- Operating profit growth of 121% to EUR 6.7 million £ -- Profit before tax growth of 155% to EUR 5.7 million £ The acquisitions completed during 2006 have been effectivelyintegrated and are contributing strongly to profitability. Inaddition, we are very pleased with the acquisition of the specialisthealth care recruitment firm, CCM International, which was completedin March of 2007. £ Trading for the first four months to April 30, 2007, issignificantly ahead of the same period last year and is in line withcurrent market expectations' for the 2007 full year. This reflects anincreased contribution from existing businesses together with a strongcontribution from businesses acquired during 2006." £ About Newcourt Group plc £ Newcourt is a leading provider of support services, employing over2,700 staff throughout the island of Ireland. The Group has twoprimary operating divisions: Support Services & Student Accommodationand Recruitment & Aviation Outsourcing. Copyright Business Wire 2007