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Baxter expects $70 mln hit to 4th-qtr sales from Hurricane Maria
October 25, 2017 / 11:48 AM / a month ago

Baxter expects $70 mln hit to 4th-qtr sales from Hurricane Maria

Oct 25 (Reuters) - Hospital products maker Baxter International Inc on Wednesday forecast a nearly $70 million hit to its fourth-quarter revenue due to manufacturing disruptions arising from Hurricane Maria.

Deerfield, Illinois-based Baxter said all three of its facilities in Puerto Rico were in limited production.

In its Puerto Rican sites, Baxter makes items such as premixed injectables and products used in the delivery of medications. (Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Sai Sachin Ravikumar)

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