Esaote posts 2009 sales gain

Global sales gains contributed to a 5.3% increase in consolidated sales for ultrasound vendor Esaote in 2009.

For the year (end-December 31), the Genoa, Italy-based vendor had consolidated sales of 310.2 million euros ($414.7 million U.S.), up from the 294.7 million euros ($393.9 million U.S.) reported in 2008.

Sales in Italy reached 126.9 million euros ($169.6 million U.S.), up 3.8% compared to the 122.3 million euros ($163.5 million U.S.) recorded in 2008. International sales, which contribute 69.1% of total revenues, climbed 6.3%. Medical IT sales increased 2.5%, Esaote said.

Esaote had 2009 earnings before interest, taxes, depreciation, and amortization (EBITDA) of 41 million euros ($54.8 million U.S.), compared with EBITDA of 38.7 million euros ($51.7 million U.S.) in 2008.

The vendor also said that consolidated sales increased 7.7% in the first quarter of 2010 (end-March 31).

Related Reading

Esaote inks Italian deal, April 16, 2010

Esaote unveils new RIS/PACS at ECR, March 4, 2010

Esaote debuts products at ECR, March 3, 2010

TechniScan, Esaote renew OEM deal, December 18, 2009

Ares completes Esaote buyout, December 16, 2009

Copyright © 2010 AuntMinnie.com

Page 1 of 1262
Next Page