The American Omnicare Inc, a provider of care services for older people, could emerge in the third quarter with a strong rise in profits.
The turnover of the Fortune 400 company totalled $1.5 billion in comparison to the prior year’s $1.54 billion. Net income improved to $61.4 million contrasting sharply to a net profit of $27.9 million in the same period last year.
Significantly lower costs during the reporting period contributed to improved margins and a strong rise in profits, said the company.
[ilink url=“http://ir.omnicare.com/phoenix.zhtml?c=65516&p=irol-newsArticle&ID=1752064&highlight=“] Link zur Quelle (Omnicare)[/ilink]