Software giant’s pre-tax profits drop 11% despite revenues above €1.49bn

PRE-TAX profits at the main Irish unit of US software giant, Adobe last year dropped by 11% to $531.1m (€395.2m) in spite of revenues climbing to over $2 billion (€1.49bn).

The filings by Adobe Software Trading Company Ltd and subsidiaries also confirm a dividend pay-out of $700m (€521m) last year — $100m (€74.5m) in 2009.

The company — with an address at Citywest, Dublin — is the intermediary holding company for Adobe’s subsidiaries based in Europe, Africa and the Asia-Pacific regions.