Nokia’s Irish arm sees pre-tax profits rise 32%

PRE-TAX profits at the Irish arm of mobile phone giant Nokia increased by 32% to €6.3 million last year.

Accounts filed to the Companies’ Office show that Nokia Ireland recorded the increase in pre-tax profits in spite of revenues dropping 18.8%, from €246.1m to €199.8m in the 12 months to the end of December.

The Finnish-owned company confirmed that the €199.8m in revenues was secured solely through the sale of mobile phone handsets in Ireland last year.