Storit, the technology company owned by Mayo entrepreneur Frank Salmon, increased its profits to €1.3 million last year, despite a fall in revenues.
Storit is the holding company for CMS Peripherals, Salmon’s data storage business. It posted revenues of €82.6 million for 2009, down from €157 million in its previous accounts, which covered 16 months to the end of 2008.
Tom Burke, finance director of Storit, said that revenues had been hit by changes in the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team