Sales and profits soar at B Braun Medical (Demo)

Sales and profits have shot up at B Braun Medical as investments made by the Sheffield-based manufacturer and distributor of healthcare products started to pay off.

Chief executive Hans Hux said the company had made a strong start to 2014 as it continued along a rapid growth trajectory.

After reporting a successful 2013, with continued underlying growth from its core business and improved operating profitability, B Braun Medical said it was confident of further growth “for the foreseeable future”.

In the year to 31 December 2013, B Braun Medical Ltd, part of the Germany-headquartered global healthcare business B Braun Group, reported pre-tax profit of £9.6m, up from £7.4m, on sales which rose from £98.3m to £107m.

Despite supplying goods and services to the healthcare sector, B Braun Medical said it did not expect demand to decline significantly in the long term even in light of the current pressures placed upon public sector expenditure.

For more on this story, please see the Insider Media article here.

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