Tuesday, January 20, 2015

Lower profits for J & J – Västerbotten Courier

Lower profits for J & J – Västerbotten Courier

Increased sales of both new drugs and old brands retained a lower demand for medical equipment and healthcare products.

But it was not enough for the pharmaceutical and healthcare group Johnson & amp; Johnson, who reported a lower profit for the fourth quarter of 2014, compared with the same period a year earlier.

The profit before tax fell to $ 2.5 billion, or 0.89 dollars per share, from 3.5 billion, or 1:23 dollars per share in 2013.

Excluding one-time items, earnings 1:27 dollars per share, which was marginally better than analysts had expected.

sales fell more than half a percent to 18.25 billion dollars.

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