Major Galway employer Medtronic reports 13% jump in profits

Galway Bay fm newsroom – Profits at multinational medical devices company Medtronic have jumped by 13 per cent. Medtronic employs about 3 thousand people at its facility at Parkmore in the city. According to today's Irish Times, Medtronic, which has its corporate headquarters in Dublin reported a profit of just over 4 billion dollars in the year to April 28th. The profits were on the back of a 3 per cent rise in sales to 29.71 billion dollars.