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Radiometer cuts profit forecast:

This article was originally published in Clinica

Executive Summary

Radiometer, the Danish manufacturer of blood gas analysers, has cut its profit expectations for the 12 months to the end of April. It cut profit forecasts 10% to DKr 180 million ($27 million) on sales of DKr 1,770 million, unchanged from a forecast made last June. Radiometer has decided to abandon acquisition plans and concentrate on developing its medical division. It is looking for a partner that will help it expand its market position, Reuters reports.

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