US TECHNOLOGY firm Xilinx said its sales reached a record in its last fiscal year, rising 29 per cent.

The US multinational, which has its European headquarters in Dublin, said sales reached $2.37 billion in fiscal year 2011, while net income rose by 80 per cent to $641.9 million.

The firm, which employs 250 people in Dublin, said it recorded $587.9 million in sales in its fourth quarter of the year, a 4 per cent rise on the previous quarter and an 11 per cent gain on the figure recorded in the same period in 2010.

Net income for the three-month period was $160.1 million, or 59 cent per diluted share. Operating income was $181.2 million.

Xilinx chief executive Moshe Gavrielov said he was pleased with the results.

“Record sales and continued fiscal discipline contributed to significant improvements in our profitability,” he said, promising “game-changing product strategy” in 2012.

The company expects sales to be in the region of flat to up 4 per cent quarter on quarter in June.