Irish Car Rentals records a €3.4 million operating loss
According to a report in The Irish Times 12th March 2011 ” Irish Car Rentals (ICR) is expected to move into profit in 2011 after recording a €3.4 million operating loss for the 19-month period before it exited examinership last year. Accounts just posted to the Companies Office for the Europcar, Alamo and National Car Rental franchise-holder show the result came on turnover of €25.2 million. The car hire company was placed in examinership in February 2010 and re-emerged in May 2010 after securing investment from the owners of the Thrifty car rental franchise .” On the 30th April 2010 The Irish Times reported ” Irish Car Rental’s board agrees to quit for investor ” – A clear-out of the board of Irish Car Rentals Ltd sought as a condition of investment in the court-protected ICR motor group of companies has been agreed, the High Court heard yesterday.
Tags: 19-month-period, business, clareview-auto, financial, from-the-owners, interests, irish, irish-times, repair-centre, show-the-result, survival
Filed under: Car Rental Coupons | No Comments »



































