Pretax profits at Irish arm of data centre company Equinix more than halve

An engineer checks equipment atan Equinix data centre in San Jose, California. Pretax profits at its Irish arm more than halved last year to €7.86 million. Photograph: Jim Wilson/The New York Times

Equinix Ltd operates data centres in Dublin at Northwest Business Park, Citywest, Blanchardstown and Kilcarbery Park and globally operates 260 data centres in 72 locations. Its latest accounts show that Equinix Ltd recorded the 51 per cent decrease in profits despite revenues rising by 33 per cent from €48.9 million to €65.2 million. cost of sales more than doubled from €22.7 million to €46.82 million.A directors’ note with the accounts said that the gross profit margin had decreased to 28 per cent mainly due to the increase in cost of sales.

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