Pharmaceutical company Almac made a pre-tax profit of £27m on a record turnover of £548m in 2018.

The company, which has its headquarters in Craigavon, County Armagh, said it had been “another strong year.”

Profits are down from the £33m achieved in 2017, reflecting a higher level of investment spending.

The firm has been developing its facilities in Dundalk and Athlone in the Republic of Ireland.

Almac buys second facility in Republic NI firm creating 100 jobs in Dundalk

In 2017, Almac bought the Dundalk factory as a direct result of Brexit.

A major part of the Almac business is making products and conducting tests for big drugs firms.

It told a House of Commons committee its customers needed it to have a guaranteed presence in the EU for regulatory

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