Profit and Loss: Michael Fassbender, Apache Pizza, Oracle
Which Irish companies are up and which are down this week?
Tech giantOracle’s Irish arm went from a profit of €109 million in 2015 to a loss of €10 million.
That’s despite the company’s revenues increasing from €8 billion to €8.7 billion.
The company’s accounts said that it “will continue to trade successfully and return to profitability in future periods".
The company paid €32.5 million in taxes.
Meanwhile, a related Oracle company saw its losses drop from $1.3 billion to $64 million in 2016 ...
