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Amazon's Irish Arm Sees 49% Jump In 2018 Revenue

By Publications Checkout
Amazon's Irish Arm Sees 49% Jump In 2018 Revenue

Revenues at the Irish arm of online retail giant Amazon increased by 49% last year to €1.65 billion.

The latest figures come from recently filed accounts from Amazon Data Services Ireland, where the group also reported a 30.5% increase in pre-tax profits.

After paying a corporation tax of €11 million, it was left with a post-tax profit of €27.6 million.

Amazon In Ireland

The group operates several data hub facilities in Dublin and, as of the end of December, employed over 1,300 people.

This is an increase of 182 from 2017, which has resulted in an increase in staff costs, from €117.98 million to €151.4 million.

Another Amazon business in Ireland, Amazon CS Ireland, based in Co. Cork, saw its revenues increase by 11% to €119 million. ACSI operates a customer service centre by Cork Airport.

Globally, Amazon recorded revenues of $232.9 billion (€205 billion) last year.

© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition. 

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