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Home BUSINESS Galway branch of software giant sees massive jump in revenue

Galway branch of software giant sees massive jump in revenue

The Galway based subsidiary of software giant SAP saw its profits jump by more than three fifths last year.

According to the company’s latest filings, pre-tax profits at the Galway branch jumped by 64% last year, from €7.8 million up to €12.8 million.

SAP operates a Customer Service and Support Centre at Parkmore Business Park in the city.

The Irish Times reports that the jump in profits in 2017 is matched by a 19% increase in turnover, up €24.6 million from 2016 to €152.9 million.

The Galway unit also saw its staff costs increase to €99.6 million compared with €82.5 million in 2016.

Founded in 1972, SAP is the largest software company in Europe with more than 335,000 customers in over 180 countries.

Between it’s branches in Galway and Dublin, SAP employs 1,880 people in Ireland, part of a European workforce of 88,000 people.

Staff in Galway and Dublin work in over 40 fields, from customer service and support, to research and development of new software products.

Briain Kelly
Email: news@galwaydaily.com
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