said on Monday it expected sales to rise 5 to 8% in the coming year as efforts to contain the COVID-19 pandemic allow hospitals to resume routine care testing activities.
Comparable sales fell 2% in the fourth quarter of Healthineers’ fiscal year 2020, while operating profit was down 20% at 626 million euros , as the care for coronavirus patients significantly limited demand for routine care tests. Analysts polled by the company on average had expected adjusted earnings before interest and taxes of 644 million euros for the July-September period, after a result of 783 million euros a year earlier.
The development of the test and lower testing volumes for regular care wiped out nearly all profit at the diagnostics unit in the fourth quarter.
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