BioMerieux reports strong business performance for first nine months of 2016

BioMerieux has announced its financial results for the first nine months of 2016, during which it generated a sales total of 1.51 billion euros (1.35 billion pounds).

This represents a 10.3 percent year-on-year increase, or an advance of 7.1 percent on the corresponding period of last year on a reported basis. This strong performance was reflected across all of the company's strategic lines.

Encouraging trends in the Americas and Asia-Pacific regions were highlighted as the key drivers of the positive momentum, while the success of its FilmArray product range was also cited as an important contributor.

Given the current favourable trading conditions, BioMerieux remains on track to exceed its annual eight percent organic sales growth target, as announced upon publication of its half-year results.

Alexandre Merieux, chief executive officer of BioMerieux, said: "BioMerieux confirmed its strong sales dynamic over the third quarter and continues to enhance its portfolio of innovative solutions for its customers."

In 2015, the firm's revenues reached 1,965 million euros, with 90 percent of its sales coming outside of its native France. 

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