Profits surge 43% at Irish arm of ‘Lancet’ publisher

Pre-tax profits at the Irish arm of publishing giant Elsevier — which is winding down here — increased by 43% last year to €26.3m.

In 2010, the Dutch-owned company announced the closure of its Irish base at Shannon with the loss, on a phased basis, of about 100 jobs.

Elsevier is a publisher of bio-medical, scientific, and clinical journals. It counts The Lancet among its titles and employs 7,000 worldwide.