Symantec losses top €6.6m over charges

THE crash in the Dublin commercial property market contributed to the main Irish subsidiary of US software giant Symantec last year recording a loss in its operations here.

In accounts just filed to the Companies’ Office, they show that an impairment charge of €14m on a Dublin office block owned by Symantec Ltd contributed to a pre-tax loss of €6.6m last year.

The filings by Symantec Ltd show that it recorded a 3% or €48m drop in turnover from €1.53bn to €1.48bn to April 3 last.