Vodafone’s Irish pre-tax profits drop to €117m

Pre-tax profits at the Irish arm of mobile phone giant Vodafone last year declined by 14% to €117.3m, new figures show.

Accounts just filed with the Companies Office show that Vodafone Ireland Ltd recorded the €19.5m drop after revenues marginally slipped by 1.3% from €1.031bn to €1.018bn in the 12 months to the end of March 31 last.

The firm, now led by Cork native Anne O’Leary, paid a dividend of €150m to its parent last year following a payout of €60m in fiscal 2012.