Photo
Business Update

Reuters business newsletter, your daily business coverage.

Subscribe

Roche CEO says maintains full-year outlook

Mon Nov 12, 2007 2:45pm EST

Reporter's Notebook

[-] Text [+]

NEW YORK (Reuters) - Roche Holding AG's (ROG.VX: Quote, Profile, Research, Stock Buzz) chief executive said the drugmaker maintains its full-year forecast of double-digit sales growth for drugs and the group as a whole.

"We've said our guidance for the full year stays the same; that has not changed," Franz Humer told the Reuters Health Summit in New York.

"We've said we'll grow sales double-digit in pharma, and for the group, we'll outgrow the market in both divisions and EPS is going to grow faster than sales. We continue to stick with that," Humer said.

Roche also still plans to raise its dividend payout ratio, Humer said, but did not give a specific percentage goal for payouts to shareholders.

(For summit blog: summitnotebook.reuters.com/)

(Reporting by Sam Cage, editing by Gerald E. McCormick)

 
 
 
Health Nov 09 - 12, 2009 Health
Autos Nov 02 - 4, 2009 Autos
Middle East Investment Oct 26 - 28, 2009 Country Summits
Washington Oct 19 - 21, 2009 Country Summits
Global Wealth Management Oct 05 - 7, 2009 Financial Services / Exchanges

What are Summits?

Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. 

 

Stay connected. Get e-mailed alerts with schedules, speaker lists, and headlines from upcoming and live Industry Summits.