Sunday, March 4, 2012

German Draegerwerk ups 2010 outlook on solid Q1.

(ADPnews) - Apr 23, 2010 - German medical and safety technology firm Draegerwerk (ETR:DRW3) has slightly increased its guidance for 2010 due to the good start to the year, the company said on Friday.

The firm expects the margin on earnings before interest and tax (EBIT) to stand in the upper end of already projected 5% to 6% before effects from a deal with Siemens (ETR:SIE).

Revenue should grow at a rate in the lower single-digit percentage …

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