Symantec directors’ pay increases as profits halve

Pay to directors at the main Irish arm of Internet security firm, Symantec last year almost tripled to €1.45m.

This is revealed in new accounts just filed by Symantec Ltd to the Companies Office which show that pre-tax profits more than halved last year to €14.6m.

This followed revenues at the firm decreasing by 3%, or €48.6m, from €1.612bn to €1.564bn in the 12 months to the end of March 28 last.