Arab Today, arab today roche reports profit up 2 to 105bn
Last Updated : GMT 08:47:50
Arab Today, arab today
Arab Today, arab today

Roche reports profit up 2% to $10.5bn

Arab Today, arab today

Arab Today, arab today Roche reports profit up 2% to $10.5bn

Zurich - AFP

Swiss drug giant Roche said on Wednesday its net profit rose by 2.0 percent last year to 9.8 billion Swiss francs ($10.6 bn, 7.9 bn euros) and said it was increasing its dividend. The company said its overall sales rose by 4.0 percent measured at constant exchange rates to 45.5 billion francs based on strong sales of cancer drugs and diagnostic tests to laboratories. The results were slightly better than the consensus of analysts forecast by Swiss financial news agency AWP, which expected net profit of 9.65 billion francs on sales of 45.4 billion. \"2012 was a very good year for Roche,\" chief executive Severin Schwan said in a statement. \"We met our financial targets, grew faster than the market, and our strong pipeline positions us well for further growth,\" he added. Schwan pointed to the approval last year of Roche\'s breast cancer medicine Perjeta, with another breast cancer treatment nearing market. Roche said it expected similar sales growth in 2013 with core earnings to rise even faster. The company\'s board proposed increasing the dividend for 2012 by 8 percent to 7.35 francs, and that also foresaw increasing the dividend further in 2013.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today roche reports profit up 2 to 105bn Arab Today, arab today roche reports profit up 2 to 105bn

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today roche reports profit up 2 to 105bn Arab Today, arab today roche reports profit up 2 to 105bn

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday