Western Union profits fall 22%

Pre-tax profits at the main Irish arm of Western Union decreased by 22% to $35.15m (€24.76m), last year.

According to accounts just filed with the Companies Office, revenues at Western Union International Ltd declined by 5% — from $2.3bn to $2.18bn — in the 12 months to the end of last December.

The firm paid a dividend during the year of $78m. In Ireland, Western Union employs over 100 people at its offices at Clonskeagh in Dublin.