Pretax profits up 48% to €4m at Acra Control

Aerospace:Pretax profits at a Dublin aerospace company, which was founded by four DCU graduates, increased by 48 per cent to €4 million last year.

Last year, Acra Control was sold to American listed-company Curtiss-Wright for €42 million.

Acra Control designs and manufactures electronic instruments used in flight testing.

In accounts recently filed with the Companies Office, they show that revenues at Acra Control Ltd and subsidiaries increased by 21 per cent from €17 million to €20.6 million in the 12 months to the end of March last year.

Curtiss-Wright, whose history stretches back to the Wright brothers, the makers of the first aircraft, provides engineering products to the aerospace, defence and energy industries.