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Home > Boston Scientific's Irish ops pulled down $1.4B last year | Wall Street Beat

Boston Scientific's Irish ops pulled down $1.4B last year | Wall Street Beat

Mass Device

Boston Scientific's 4,500-worker operation in Ireland pulled down $1.4 billion in pre-tax profits last year.

MassDevice.com Wall Street Beat

Boston Scientific [1] (NYSE:BSX [2]) posted pre-tax profits of $1.4 billion from its Irish unit and other foreign subsidiaries last year, according to the Irish Times.

Marlborough, Mass.-based medical device company Boston Scientific is 1 of the Emerald Isle's largest employers, with a 4,500-employee workforce there.

BSX's Irish operations reported revenues of $5.37 billion for the 12 months ended Dec. 31, according to the newspaper, up 2% compared with 2011. The pre-tax profit increase represents 272% growth over the prior year, the Times reported.


Source URL (retrieved on 05/23/2013 - 7:23am): http://www.mdtmag.com/news/2012/12/boston-scientifics-irish-ops-pulled-down-14b-last-year-wall-street-beat?qt-most_popular=0

Links:
[1] http://www.massdevice.com/company/boston-scientific
[2] http://www.google.com/finance?q=bsx