Software giant Adobe’s Irish unit sees profits fall to €363m

Pre-tax profits at the main Irish unit of US software giant Adobe last year decreased by 9% to $490.8m (€363m).

Figures show that Adobe Software Trading Company Ltd and subsidiaries recorded the drop in profit as revenues dipped by 2%, from $2.3bn to $2.27bn, in the 12 months to Nov 2 last.

The company — with an address at Citywest, Dublin — is the intermediate holding company for Adobe’s subsidiaries in Europe, Africa, and the Asia Pacific regions.