Contributions from its acquisition of Dade Behring helped Siemens Healthcare to a 10% revenue gain in its second quarter.
For the period (end-March 31), Siemens had revenue of 2.7 billion euros ($4.3 billion U.S.), up 10% on an actual basis and 2% on an adjusted basis from the 2.5 billion euros ($3.9 billion U.S.) reported the same period a year ago. The Erlangen, Germany-based company had a net profit of 341 million euros ($533.3 million U.S.), up from 332 million euros ($519.2 million U.S.) last year.
New sales volume from the Dade Behring acquisition more than offset significant negative currency translation effects in the U.S., Siemens said. In other quarterly news, the firm's medical imaging and IT business continued to yield solid profitability despite increasing challenges in market conditions, Siemens said.
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