German medical technology company Siemens Healthineers posts lower income in Q4


  • World
  • Tuesday, 03 Nov 2020

BERLIN, Nov. 2 (Xinhua) -- Net income of Siemens Healthineers in the fourth quarter (Q4) of the company's fiscal year dropped by 15 percent year-on-year to 432 million euros (503 million U.S. dollars), the German medical technology company announced on Monday.

Revenues in Q4 declined slightly "from a very strong prior-year quarter" to 3.9 billion euros, according to Siemens Healthineers. For the full fiscal year 2020 which ended in September, revenues remained stable at 14.5 billion euros.

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