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Article: Strong sales increase for Roche Holding Ltd.
- Article from:
- Cosmetics International
- Article date:
- June 10, 1990
CopyrightCOPYRIGHT 1990 Communications International Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strong Sales Increase For Roche Holding Ltd.
Roche Holding, the Swiss pharmaceuticals, chemicals and fragrance group, has reported a strong increase in its income for fiscal 1989 with net consolidated earnings up by 32.7 per cent from SF 642 million to SF 852 million. Roche Holding, formerly known as Hoffmann-La Roche, had produced such markedly improved profitability with income rising faster than the growth in sales, against a background of dramatic political and economic change. The excellent figures can of course be attributed in part to the generally buoyant business climate and to the Swiss franc's depreciation against the major currencies. Above all, though, ...