Profits fall 11% at drug company Servier

Pre-tax profits at the Irish unit of French pharmaceutical company Servier fell 11% to €54.97m even as revenues jumped.

New accounts filed by Servier Ireland Industries Ltd show revenues increased 7% to €694.8m in the 12 months to the end of September last year.

Staff numbers at the firm’s Arklow plant fell from 412 to 387.