MILAN, July 30 Italian medical technology group
Sorin said on Wednesday its adjusted net profit in the
second quarter fell 16 percent to 10.8 million euros ($14
million) due to unfavourable exchange rates and investments in
In a statement Sorin, whose main factory in the north of
Italy was seriously damaged by a big earthquake in 2012, said
its sales in the period rose 1.6 percent on the year to 190.6
The company said it expected sales to rise 2-4 percent at
constant exchange rates in the third quarter compared to the
same period a year ago.
It confirmed its targets for the full year.
($1 = 0.7470 Euros)
(Reporting by Stephen Jewkes)