MILAN Feb 6 Italian medical technology group
Sorin said on Thursday it expected its 2014 revenues
to grow by 3-5 percent on an annual basis, boosted by new
products and savings initiatives.
In a statement the company said it expected its adjusted net
profit to be around 55-60 million euros in 2014 compared to the
59.1 million euros ($80 million) it posted in 2013.
Sorin, whose production was impacted in 2012 by an
earthquake in the north of Italy, said it had successfully
recovered from the consequences of the disaster.
Adjusted net profit in the fourth quarter rose 80.3 percent
from the previous year to 20.1 million euros, it said.
($1 = 0.7390 euros)
(Reporting by Stephen Jewkes)