Shannon’s Avocent posts 8.5% profit drop decline
According to accounts just filed by the Shannon-based firm with the Companies Office, Avocet International Ltd recorded the drop in pre-tax profits after revenues decreased by 9.5% from $67.5m to $61m in the 12 months to the end of September last.
The firm employs 95 people at its Shannon base and its principal activity is the development, manufacture, distribution, sales and marketing of IT solutions products for the European, Middle East, Africa and Asian markets.
