Xilinx pre-tax profits fall 43%

Pre-tax profits at the Irish arm of US technology giant Xilinx last year decreased by 43% to $16.5m (€12.1m), new figures show.

According to accounts just filed by Xilinx Ireland, the Dublin-based firm recorded the drop in profits after revenues decreased by 3% from $646.3m to $624.1m in the 12 months to the end of March 31st last year.

According to the directors’ report “after significant growth last year turnover was broadly stable in the 2012 financial year at $624m, decreasing only slightly in the year. The decrease in turnover was mainly due to a small decline in sales of Mainstream, Base, and Support products, primarily in the communications end market.”