Alcatel-Lucent returns to profit as revenues rise

The Irish-based unit of Alcatel-Lucent last year returned to profit to record pre-tax profits of €2.2m after revenues increased by 47% to €15.5m.

Accounts recently filed with the Companies Registration Office show Alcatel- Lucent Ireland Ltd recorded pre-tax profits of €2.2m after sustaining a loss of €7.1m in 2010.

Revues rose from €10.5m to €15.5m in the 12 months to the end of December last.