RPS pre-tax profits fall 45% to €2.7m

Pre-tax profits at an environmental company retained by Shell EP Ireland Ltd to work on the Corrib Gas project fell last year…

Pre-tax profits at an environmental company retained by Shell EP Ireland Ltd to work on the Corrib Gas project fell last year by 45 per cent to €2.7 million, writes Gordon Deegan.

Accounts lodged for RPS Group and subsidiaries show its revenues fell by 18 per cent to €72.3 million in 2010.

The directors said they were “satisfied” the business had performed well in “difficult circumstances during the year”.