Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Thermo Fisher Scientific hails solid growth during Q1 2015

Thermo Fisher Scientific hails solid growth during Q1 2015

23rd April 2015

Thermo Fisher Scientific has grown its adjusted earnings per share by seven percent during the first quarter of 2015.

The company's revenue total for the three months came to $3.92 billion (2.61 billion pounds), up slightly on the $3.90 billion total from Q1 2014. It also expanded its adjusted operating margin by 60 basis points to 21.9 percent.

During the quarter, the firm launched important new products such as the Gemini handheld chemical analyser and Q Exactive Focus mass spectrometer, while acquiring two channel partners covering Singapore, Malaysia and South Korea.

It also struck a deal to purchase Advanced Scientifics Inc for $300 million, thus expanding its range of complementary single-use systems and bioprocess equipment.

Marc Casper, president and chief executive officer of Thermo Fisher Scientific, said: "We're pleased to have delivered solid adjusted earnings per share growth in the quarter, which demonstrates how well our team navigated the challenging foreign exchange environment."ADNFCR-8000103-ID-801784827-ADNFCR

We currently have 6 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.