Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Swiss Nobel Biocare reports 16% fall in Q4 profit  Join our daily free Newsletter

MENAFN - 19/02/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Swiss Nobel Biocare announced that its net profit in the fourth quarter declined by 16 percent from a year earlier, reported Reuters.

The dental implant maker said that it posted a quarterly net profit of USD14.95 million, mainly due to a steep drop in its sales in Japan.

The company said that within the coming 3-5 years, it plans to boost earnings before interest and taxes (EBIT) margin to between 50 to 100 bps annually at constant exchange rates, in case markets enhanced beyond 2013 to modest mid-single digit growth.

It is worth noting that Nobel Biocare, which was affected by the deteriorating global economy, forecasts 2013's conditions to be tough.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help