bioMerieux up in 1st half, but analysts wary

14 September 2008

France-based in vitro diagnostics group bioMerieux reported modest increases in sales and profit during the first half of 2008, but analysts predict that slowing turnover in North America will impact the company.

The French firm posted revenue of 528.2 million euros ($770.6 million) during the period, up 1.9% on the first six months of last year. Net income rose 5.8% to 56.5 million euros, or 1.43 per share.

North American sales up just 1.6%

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