Shannon-based Zimmer profits fall on lower sales

Pre-tax profits at the Irish arm of US orthopaedic device manufacturer Zimmer last year fell 21% to $111.2m (€105.4m).

Profits at Zimmer’s main Irish unit based in Shannon, which specialises in constructing artificial knees, dropped as revenues decreased 7% from $275m to $255m in 2015.

Zimmer Orthopedics Manufacturing Ltd commenced operations here in 2009 and has grown the number of employees at its base in the Shannon Free Zone to 287.