EA's profits triple in Ireland

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Pre-tax profits at EA's Irish operation increased by almost 200% to €191,915 last year.

Accounts filed at Ireland's Companies Office show that pre-tax profits increased significantly as the company's revenues rose in the 12 months to March 29th from €21.54m to €22.3m.

The company came to Galway in 2011 - the number of people employed by the firm increased from 267 to 307 during the year while staff costs rose by 6.5%.

EA is headquartered in California and owns a number of the gaming industries highest valued franchises, including tie-ins with the world's biggest sporting organisations to create FIFA soccer, Madden NFL, NBA, UFC and NHL series.

 

It also has lucrative deals with film studios to make Star Wars and Harry Potter games - as well as standalone leading gaming titles including Need for Speed and Medal of Honour.

Its most recently quarterly results - filed three weeks ago - delivered better-than-expected returns.

The company raised its sales estimates for the current quarter based on the release of Star Wars Battlefront.

It is expected to sell 13 million copies between now and the end of March.

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