Clearstream sees tenfold increase in annual profits

Medical device manufacturer, Clearstream Technologies last year enjoyed a bumper year as profits increased tenfold to €11.57m.

New accounts show that the Wexford-based firm enjoyed the sharp increase in profits after revenues increased by 67% going from €23.46m to €39.4m.

The firm recorded the jump in sales and profitability as numbers employed increased from 271 to 361.