Medtronic shrugs off scandal to post improved results
This article was originally published in Clinica
Executive Summary
In spite of hiccups in Germany Medtronic (US) managed to increase sales and profits by over 25% in fiscal 1995 (ended April 30th). Total revenues were $1,740 million, compared with $1,390 million last year, and net earnings were up 26.5% at $294 million.