Almac Group Soars up Ulster Business Top 100 Charts
August 15, 2018
Craigavon, N.I., 15 Aug 2018 – Almac Group, the global contract pharmaceutical development and manufacturing organization, is honored to be included in the top ten list of this year’s Ulster Business top 100 companies.
The news comes as the company’s figures for year ending 30 September 2017 reported a 19% rise in revenue to £531M and an increase in pre-tax profits, up from £27M in 2016 to over £33M.
In a supplementary table listing the most valuable firms in Northern Ireland, Almac, with a net worth of £276.9M, was recorded as only one of two privately owned companies within the top six. Whilst the global organization was listed in the top 3 companies with the most employees which has increased by over 10% to 4,407.
Alan Armstrong, CEO Almac Group commented: “I am delighted with our ranking in this year’s Ulster Business top 100 companies list. 2017 was a particularly strong year for Almac with significant investment made for the long term benefit of the Group, including global expansion into key strategic territories. Achieving such a high position in all 3 tables is testament to the quality, expertise and innovative services provided by our dedicated employees globally and I look forward to many more years of success.”
The Ulster Business Top 100 listing is compiled by independent consultant Jonathan Cushley and incorporates the results of Northern Ireland based companies, either Northern Ireland registered or when a significant portion of their business is driven and transacted through the province.
About Almac Group
‘Partnering to Advance Human Health’
The Almac Group is an established contract development and manufacturing organization that provides an extensive range of integrated services to the pharmaceutical and biotech sectors globally. The services range from R&D, biomarker discovery development and commercialization, API manufacture, formulation development, clinical trial supply, IRT technology (IVRS/IWRS) through to commercial-scale manufacture.
The international company is a privately-owned organization that has organically grown over almost 50 years and now employs close to 5,000 highly skilled personnel.
Almac is headquartered in Craigavon, Northern Ireland with operations in Europe, across the US (Pennsylvania, North Carolina and California) and in Asia (Singapore and Tokyo).