Pharma giant Sanofi’s €30m spike in profits

The Waterford site recorded a turnover of €1.3 billion in 2016, up from €983.7 million in 2015, according to accounts filed

The Waterford site currently has 700 staff, including 100 contractors

The global pharma company Sanofi saw pre-tax profits at its Waterford site increase by half in 2016 to €99 million.

The Waterford site recorded a turnover of €1.3 billion in 2016, up from €983.7 million in 2015, according to accounts filed. Of last year’s turnover, €627 million came from sales in the EU, €564 million from US sales and €81 million from other sales. It had profit before tax of €99.5 million in ...