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RHHBY Roche Holdings Ltd AG (QX)

30.09
0.26 (0.87%)
06 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Roche Holdings Ltd AG (QX) USOTC:RHHBY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.26 0.87% 30.09 30.01 30.25 30.23 30.03 30.16 2,162,815 21:42:26

Roche Confirms 2020 Outlook Despite Decrease in Sales

15/10/2020 7:11am

Dow Jones News


Roche (QX) (USOTC:RHHBY)
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   By Cecilia Butini 
 

Roche Holding AG said Thursday that sales in the period from January to September fell on year, but it backed its outlook for 2020.

Sales at the Swiss pharmaceutical major were 43.98 billion Swiss francs ($48.15 billion) for the period, down from CHF46.07 billion in the same period last year, the company said.

The diagnostics division boosted company sales, particularly in the third quarter, driven by PCR tests for Covid-19.

The company expects sales to grow in the low-to-mid-single digit range in 2020, it said, confirming its previous outlook.

Roche also said that it plans to further increase its dividend in 2020.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

October 15, 2020 01:56 ET (05:56 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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