Profits dip at Irish arm of Indeed to €606m as firm pays €1.72bn dividend

Directors said the company was operating in an uncertain economic environment

Staff costs also included share-based payments of €18.75m this year. Picture: RollingNews.ie

Pre-tax profits at the Irish arm of recruitment giant Indeed this year fell by 6% to €606.83m against the background of an “uncertain economic environment”.

New accounts filed by Indeed Operations Ireland Ltd show the profits declined as revenues increased by 8%, from €1.65bn to €1.78bn in the 12 months to the end of March this year.