SUBSCRIBERS
Fresenius ups profit forecast on strong growth in generic drugs
Published Wed, May 3, 2017 · 09:50 PM
Frankfurt
GERMAN healthcare group Fresenius on Wednesday toned up its earnings guidance for the year as demand for recently launched generic infusion drugs continued to grow at higher-than-expected rates.
For 2017, it now expects adjusted net income to grow by 19 to 21 per cent, excluding the effect of currency swings, compared with a previous target for a 17 to 20 per cent gain, to be shored…
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