ConvaTec battles overseas ‘supply constraints’ to grow revenue to $1.76bn
ConvaTec Group, the Deeside company which specialises in medical products and technologies across the globe, has overcome significant obstacles overseas to report increases in revenue and its operating profit.
Turnover rose to $1.76bn while operating profit climbed 60% to $247.8m in the year to December 31.
Adjusted operating profit, however, fell 3.3% to $456.8m as a result of increased investment in growth and the inclusion of Plc costs.
Performance was affected by supply constraints in both Advanced Wound Care (AWC) and Os... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
