Turnover at Adobe's Irish subsidiary rises to $2.3bn

The main Irish subsidiary of the US software company Adobe saw its revenues grow last year by 13 per cent.

20th January, 2013

The main Irish subsidiary of the US software company Adobe saw its revenues grow last year by 13 per cent.

New company filings by Adobe Software Trading reported that turnover in the year ending December 2, 2011 rose to $2.3 billion, compared to $2 billion a year earlier.

Despite the revenue increase, the company reported that its profit margin had declined. It said that net profits were $464.5 million, down from $485.1 million in the previous financial year.

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