November 4, 2019 / 6:11 AM / 17 days ago

Siemens Healthineers Q4 profit jumps 36% on strong sales growth

AMSTERDAM, Nov 4 (Reuters) - Siemens Healthineers on Monday posted a better-than-expected 36% increase in fourth-quarter net profit, to 507 million euros ($566.1 million), as sales of its hospital equipment were much stronger than expected.

Analysts polled by the company on average had forecast net profit of 483 million euros, after a 374 million euros result a year earlier.

Comparable sales growth of 8% beat expectations for a 5.5% expansion. ($1 = 0.8957 euros) (Reporting by Bart Meijer; Editing by Christian Schmollinger)

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