DOTmed Home MRI Oncology Ultrasound Molecular Imaging X-Ray Cardiology Health IT Business Affairs
News Home Parts & Service Operating Room CT Women's Health Proton Therapy Endoscopy HTMs Mobile Imaging
Endroit courant :
> This Story

Ouverture ou Registre to rate this News Story
Forward Printable StoryPrint Comment



Business Affairs Homepage

Dr. Martin T. Rothman Sofinnova Partners appoints venture partner

Three ways providers can improve patient satisfaction with online forms Tips for simplifying a historically tedious process

Cerner head suggests negative reports about DoD contract may be 'fake news' Suggests competitors may have played role in bad publicity

Strategies for rural health systems to remain competitive in today’s healthcare environment Three tips to help meet unique challenges

Study finds ultrasound and mammo have highest no-show rates Missed appointments at imaging facilities make up 3.25 percent of exams

FDA report opposes regulating third-party servicers Evidence for public health concern deemed 'not sufficient'

Change Healthcare, Adobe and Microsoft partner to address patient satisfaction Big names set their attention to a big problem

How SUD reprocessing delivers bigger value to health systems Lowering costs and reducing waste, the market is ripe for growth

Bronwen Taylor AdvaMed congratulates Stryker’s VP on 2018 PwC MedTech ethical leadership award

Imaging equipment leads trend toward hospital outsourcing Increasingly, hospitals are exploring outsourcing services, new survey finds

Siemens accrued more than $3.5
billion in the second quarter of

Siemens Healthineers accrues more than $3.5 billion in second quarter

par John R. Fischer , Staff Reporter
Siemens Healthineers AG experienced a four percent rise in revenue for the second quarter of the fiscal year, compared to last, accruing more than $3.5 billion (€3.2 billion).

The increase follows the recent launch of its initial public offering in March, with growth driven by its imaging segment, advanced therapies segment, and diagnostics segment. Profit margins adjusted for non-recurring effects reached 17.4 percent despite negative currency effects, while adjusted profit stabilized at over $660 million (€560 million) compared to the second quarter of 2017.

Story Continues Below Advertisement

OR Tables, Treatment/GYN/Uro Chairs, Transport Stretchers, Hospital/ICU Bed

iMS combines the superior service of Oakworks Medical and advanced manufacturing technology of FAMED Medical Solutions. The goal of iMS, "Connecting Art and Medical Science" goes way beyond product with exceptional CareLink service. Contact us today!

“The IPO was a strategic move that enables us to be more flexible, leaner and customer oriented than before,” Michael Reitermann, managing board member of Siemens Healthineers AG, told HCB News. “As a listed company, we hold firmly to our strength – innovation power, quality and customer proximity. At the end of the day, if you convince your customers in the market, you will also win in the capital market.”

Following adjustments, net income for the German-based healthcare giant skyrocketed by 26 percent to more than $505 million (€428 million). Much of this growth was due to the success of its imaging segment which incurred six percent higher revenue in over a year to more than $2 billion (€1.9 billion).

Significant growth took place in the U.S., China and Latin America, brought on by a strong demand in sales and services for MR, CT and ultrasound. Adjusted profit went up from more than $410 million (€346 million) in 2017 to over $445 million (€376 million), while adjusted profit margin rose by 2 percent to 19.3 percent.

The company’s advanced therapies segment also grew by two percent, reaching over $415 million (€352 million). Adjusted second-quarter profit, however, dropped from more than $90 million (€80 million) to less than $70 million (€56 million), as did adjusted profit margin from 21.2 percent in the previous quarter to 16 percent, due to negative currency effects and increased investments in research and development.

Diagnostics experienced solid rises in Europe/Middle East/Africa and a slight bump in the Asia-Pacific region. Though consumer restraint in the Americas kept growth low on a comparable basis, at over $1.1 billion (€970 million) for the second quarter with a year-over-year adjusted profit margin of 13.6 percent. Adjusted profits amounted to more than $150 million (€132 million) compared to over $165 million (€143 million) in the second quarter of last year.

Despite this, diagnostics has had a good start in the third quarter, signing a contract for more than 50 of its Atellica Solution laboratory diagnostic systems with the Brazilian Hermes Pardini Group, the leading and fastest-growing laboratory diagnostics provider in the South American country.

The market launch of the solution is on schedule, with more than 250 shipped at the end of the second quarter.

Reitermann says the goal for Siemens is to install between 800 and 1,000 units by the end of the fiscal year, and that the positive results reflect the successful completion of this and other goals the company plans to reach in 2018.

“We expect a comparable revenue growth to be in the range of three to four percent, compared to the previous fiscal year, and an adjusted profit margin of between 17 and 18 percent,” he said. “At least as important is our continuous commitment to become the partner of choice for our customers.”

Earnings per share amount to more than ¢0.30 (€0.30).

Business Affairs Homepage

You Must Be Logged In To Post A Comment

Développez la notoriété de votre marque
Enchères + Ventes Privées
Obtenir le meilleur prix
Acheter des équipement / pièces
Trouver le meilleur prix
Infos du jour
Lire Les dernières nouvelles
Consulter tous les utilisateurs DOTmed
Éthique concernant DOTmed
Voir notre programme d'éthique
L'or partie le programme de fournisseur
Recevoir des demandes PH
Programme de marchand de service d'or
Recevoir des demandes
Fournisseurs de soins de santé
Voir tous les outils des HCP (abréviation pour les professionnels de la santé)
Les travaux/Formation
Trouver / combler un poste
Parts Hunter +EasyPay
Obtenir des devis de pièces
Certification Récentes
Voir les utilisateurs récemment certifiés
Evaluation Récentes
Voir les utilisateurs récemment certifiés
Central de location
Louer de l’équipement à moindre prix
Vendre des équipements / pièces
Obtenir le maximum d'argent
Service le forum de techniciens
Trouver de l'aide et des conseils
Simple demande de propositions
Obtenir des devis pour des appareils
Expo Virtuelle
Trouver des services d'appareils
L'Access et l'utilisation de cet emplacement est sujet aux modalités et aux conditions du notre de nos MENTIONS LEGALES & DONNEES PERSONELLES
Propriété de et classe des propriétaires DOTmedà .com, inc. Copyright ©2001-2018, Inc.