Elbit Medical reports as separate company
This article was originally published in Clinica
Reporting its first results as a separate company, Israel-based Elbit Medical Imaging saw revenues decline 2% to $525 million in 1996. Disregarding its small services division, however, turnover of the main two businesses rose 7% to $514 million. Elbit Medical, which is quoted on the US Nasdaq, emerged late last year from the demerger of Elbit (see Clinica No 735, p 9).