Medtronic hails landmark year as revenue soars by 25%
This article was originally published in Clinica
Medtronic's turnover rose 24% to $4.13 billion, in a "landmark year" according to chairman and CEO, William George. Net income for the year ended April 30 increased 25% to $905 million, excluding non-recurring charges. In addition, the company is ahead of schedule in integrating its five acquisitions of last year, he added.