Icon reports 1,110% increase in net income

Pharmaceutical services company Icon reported a 1,110% increase in net income for the three months ending Sep 30 compared with the same quarter last year.

Net income at Icon, based in Leopardstown, Dublin, grew from $1.46m (€1.13m) in the third quarter of 2011 to $17.7m for the same period in 2012.

Pre-tax profits at Icon rose from $1.2 to $20.6m.