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Chemical Week Magazine :: Newsbriefs
Bayer Raises Margin Forecasts Due to Strong Health Care Business...
1:58 PM MDT | July 31, 2007 | Chemical Week Editorial Staff
Wenning: Health care is a growth engine. Bayer HealthCare (BHC) has raised its Ebitda margin forecast for 2007 from 24%, to 25%, and increased its Ebitda margin forecast for 2009 from 27%, to 28%. The company cites a quicker-than-expected integration of the former operations of Schering, which Bayer acquired last year; adoption of a new research strategy; and optimization of BHC’s pharmaceuticals pipeline. Bayer says it expects group Ebitda margins to increase from 19.3% in 2006, to more than 20% this year and more than 22% before 2009, as a result of...
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