€64m profit for Irish arm of medical giant
PRE-TAX profits at the main Irish arm of medical technology firm Becton Dickinson increased by 18pc, as revenues topped €1.1bn, writes Gordon Deegan.
Accounts just filed by the US-owned Benex Ltd show pre-tax profits increased to €63.9m in the 12 months to the end of September 2012.
The firm last year transferred its operations from Shannon to Dun Laoghaire in Dublin and it acts as Becton Dickinson's "regional distribution and logistics platform for Europe".
The turnover recorded by the Irish subsidiary of the US medical group represents 18.5pc of the corporation's global revenues last year.
The company's directors described the year as "another challenging year for the company; however, there were some improvements against 2011".
During the period from 2003 to 2011, the company paid €102.7m in corporation tax to the exchequer.