Icon's third quarter profit rises 22%

Clinical trials group Icon has reported third quarter profit of $61.5 million

Icon's third quarter profit rose by 22 per cent

Clinical trials group Icon has reported third quarter profit of $61.5 million (€55.7 million), an increase of 22 per cent on the same period last year.

Revenue grew by 1.8 per cent to $394.7 million, slightly below forecasts for turnover of $399.4 million, but up 7.5 per cent on a constant currency basis.

The company said it achieved net new business wins of $475 million in the period.

Icon said it had net ...