Bayer's healthcare sales up 5%
This article was originally published in Clinica
Executive Summary
Germany-based Bayer reported healthcare sales, which include diagnostics, of DM 5,873 million ($3,970 million) in the first half of 1996, up 5% on the same period last year. Sales in the Agfa division, which includes medical imaging systems, were up 11% to DM 3,709 million. Bayer's total sales rose 7% to DM 24,797 million and pre-tax earnings were DM 2,720 million, 13% up on the previous year. The company expects a sales increase of 6% and pre-tax earnings of 10% for the full year.