28-05-2025
- Business
- Belfast Telegraph
Northern Ireland pharma giant cracks billion pound sales mark
The Craigavon-based business saw turnover rising to £1.03bn, while pre-tax profits soared to £119m – up 27% on the previous year.
The company landed at the number seven spot in last year's Ulster Business Top 100 Northern Ireland Companies, with KPMG.
The company now employs some 7,700 people across the globe.
Almac says it marks the fourth year of the firm's £400m investment programme in the business, which reinvests its profits back into the company.
'This programme has included the development of a Centre of Excellence for Diagnostic development and commercial manufacturing, a 100,000 sq ft pharmaceutical manufacturing facility, and an expansion of cryogenic and ultra-low temperature service capabilities for clinical supply across Durham, North Carolina and Singapore,' the firm said.
'A major expansion continues to clinical production and distribution capabilities in Souderton, Pennsylvania.'
Alan Armstrong, Almac group chairman and chief executive, said: '[These] results mark another successful year of growth for Almac.
'As a privately-owned and independent company, we re-invest all our profits back into the business, enabling us to innovate and expand to meet the growing needs of our global clients, working in partnership to advance human health.
'I am proud of the continued progress we are making, which is thanks to the dedication of our valued global workforce.'
