Siemens Healthineers Fully on Track to Meet the Targets

Siemens Healthineers AG has posted good business figures in the first quarter following its successful initial public offering on March 16, 2018. Year-over-year revenue was up four percent at EUR 3.2 billion on a comparable basis. Despite continuing negative currency effects, the profit margin adjusted for non-recurring effects increased by 90 basis points to 17.4 percent, while adjusted profit was stable at EUR 560 million compared to the second quarter of 2017.
Source: eHealth News EU - Category: Information Technology Tags: Featured Siemens Business and Industry Source Type: news