Pre-tax profits at Limerick-based Cook Medical EMEA business decline

The group recorded a 23% drop to €43.6m

The Limerick-based Cook Medical EMEA Group Ltd, which is a parent of all Cook entities in Europe, recorded a post-tax loss of €37.37m after incurring a tax charge of €80.9m.

Pre-tax profits at the EMEA business at one of the largest employers in the Midwest, Cook Medical, last year declined by 23% to €43.6m.

New consolidated accounts filed by Cook Medical EMEA Group Ltd show that the group recorded the drop in profits as revenues increased by 6% from €740m to €787.33m last year.