U.S. medical technology company Medtronic has submitted its figures for the first quarter of the fiscal year 2012/13. Their net profit amounted to $864 million, in comparison to the $821 million in the same quarter last year (+ 5.24 percent).
The Minneapolis based company, who also reported almost a 2% increase in revenue at $4.01 billion, stated solid growth and the successful launch of new products during the quarter as key factors.
The US company, founded in 1949, added German spine-disorder specialist company Advanced Medical Technologies (AMT) to its portfolio back in June of this year.
[ilink url=“http://phx.corporate-ir.net/phoenix.zhtml?c=76126&p=irol-newsArticle&ID=1727150&highlight=“] Link zur Quelle (Medtronic)[/ilink]