Ohmeda's first-quarter operating profit down:
This article was originally published in Clinica
BOC's healthcare business, Ohmeda, has reported operating profits down 10% at £13.5 million ($20 million) in the three months to December. The company says disposals accounted for nearly all of the decline. Ohmeda's sales fell 7% to £116.3 million. Its medical systems division saw sales of anaesthesia equipment in the US decline but the company adds that orders are improving in most other markets. The medical devices division increased its profit while the specialty products division profit held firm.