Trinity Biotech revenue up 16.4% to €19.7m

TRINITY Biotech, the Bray, Co Wicklow-based pharmaceutical company, has reported a 16.4% increase in first-quarter revenues to $24.7 million (€19.7m) for the three months to the end of March.

Trinity Biotech revenue up 16.4% to €19.7m

The Nasdaq and Irish Stock Exchange-quoted company, which develops and manufactures diagnostic products for the point-of-care and clinical laboratory markets, recorded a like-for-like increase in operating profits from $1.4m (€1.2m) to $2m (€1.6m) and a 23.5% growth in after-tax profits, over the same timeframe, from $1m (€800,000) to $1.2m (€957,000).

Rory Nealon, Trinity’s chief financial officer, said growth had been achieved in each of the company’s geographical markets. The company operates in Europe, North America, Asia and Africa.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited