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Interim Results

Abbott Laboratories sales up

22 July 2015 13:11

Abbott Laboratories' second-quarter worldwide sales of $5.2bn increased 10.8% on an operational basis and 2.2% on a reported basis.

Worldwide sales increased 6.4 percent excluding the impact of 2014 acquisitions and foreign exchange.

Diluted EPS from continuing operations on both an adjusted and GAAP basis was $0.52 in the second quarter.

Abbott's full-year 2015 adjusted EPS guidance range for continuing operations remains unchanged at $2.10 to $2.20.

Projected full-year 2015 EPS for continuing operations under GAAP is $1.50 to $1.60.

Chairman and chief executive Miles D. White said: "We've achieved another quarter of strong sales growth led by our global diagnostics and branded generics businesses.

"We're well on track to achieve our financial objectives for the year despite a challenging currency environment."

Story provided by StockMarketWire.com

Related Company: ABT

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