Ferraris Expects Savings

Summary


Birmingham-based medical equipment group Ferraris yesterday posted increased pretax profits for the year to August 31, although it said the new financial year had started more slowly for its In Vitro Diagnostics businesss.

The international medical diagnostics group's pretax profit, before goodwill and exceptional costs, rose to pounds 1.022 million on turnover from continuing operations of pounds 14.1 million, up from pounds 12.9 million a year ago.

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Extract


Ferraris Expects Savings

The company also said it expects to make further cost savings in the curre...

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