Profits for Siemens Healthcare rose more than 36% during fiscal 2012 on a 9% sales increase.
The German industrial conglomerate reported profits of about $5.85 billion (€4.59 billion), or $6.43 per share (€5.04), on sales of $99.81 billion (€78.30 billion) during the 12 months ended Sept. 30. That's a top-line gain of 6.9%, but a bottom-line plunge of 27.4%.
The numbers were much better for Siemens Healthcare, which reported profits of $2.31 billion (€1.82 billion) on sales of $17.39 billion for FY 2012. That's a bottom-line gain of 36.1% on sales growth of 9.0%.