Irish staff help Boston Scientific to €1.5bn payout

Gordon Deegan The 5,000 people working at sites in Cork, Galway, and Clonmel for Boston Scientific helped the US medical device manufacturer post a dividend of $1.8bn (€1.5bn) out of Ireland to its parent last year.

The 5,000 people working at sites in Cork, Galway, and Clonmel for Boston Scientific helped the US medical device manufacturer post a dividend of $1.8bn (€1.5bn) out of Ireland to its parent last year.

The company is one of Ireland’s largest companies and new accounts show that its Irish firm which also includes a large number of overseas’ companies posted a 15% increase in profits to $654.3m (€565m) on revenues that were up 4% to $3.6bn.