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bioMérieux S.A.. (1/23/18). "Press Release: bioMérieux – Fourth-Quarter 2017 Business Review".

Organisations Organisation bioMérieux S.A. (Euronext: BIM)
  Group Mérieux (Group)
  Organisation 2 BioFire Diagnostics LLC
  Today BioFire Diagnostics Inc.
  Group Mérieux (Group)
Products Product molecular diagnostics
  Product 2 FilmArray® PCR test (product series)
  Index term 2 BioFire Diagnostics–Mérieux: investment, 201309–201401 acquisition 100% for $540m in cash by bioMérieux
Person Person Mérieux, Alexandre (Mérieux 201712– CEO at bioMérieux before Deputy CEO before VP Industrial Microbiology)
     


> Excellent sales momentum in 2017 with 10.2% growth in sales, at constant exchange rates and scope of consolidation:
>> €2,288 million in sales
>> Up 8.8% as reported

> Growth underpinned by all strategic product lines, particularly BIOFIRE FILMARRAY® which accounted for more than half of growth Group-wide

> Acceleration in growth in the EMEA and Asia-Pacific regions and steady double-digit increase for the Americas

> bioMérieux expects contributive operating income before non-recurring items to be in line with its previous target of between €330 million and €345 million


Alexandre Mérieux, Chairman and Chief Executive Officer, said: "All told, 2017 was a year of remarkable growth for bioMérieux, driven by a portfolio of complementary technological solutions and a broad geographic footprint. We are particularly pleased with the performance of BIOFIRE, which confirms the success of syndromic diagnosis for infectious diseases, and with the faster-paced growth in industrial applications. These results reflect a valid business strategy that meets the needs of healthcare professionals through high medical value diagnostic solutions, and of the industry sector in order to protect consumer’s health."

Download
[ Full release at http://www.biomerieux.com/sites/corporate/files/news-event-press-release/biomerieux_pr_sales_q4_2017.pdf ]

   
Record changed: 2018-02-18

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