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Sorin Group S.p.A. (SRN) Announes 2012 Third Quarter Results


11/1/2012 8:36:00 AM

MILAN--(BUSINESS WIRE)--At a meeting held today and chaired by Rosario Bifulco, the Sorin S.p.A. Board of Directors approved the results for the third quarter of 2012.

“Despite a challenging macro-economic environment and a quarter in which we were most significantly impacted by the earthquakes, we continued to perform well with good results in our base business and the full operational recovery of the Cardiopulmonary Business Unit”, stated Sorin’s Chief Executive Officer André-Michel Ballester, “As announced at our recent meeting with the financial community presenting Sorin’s Strategic Plan 2012-2017, we are making good progress implementing our long-term growth strategy, as confirmed by the recent CalMed acquisition and Cardiosolutions investment, both closed during the quarter”.

Read at BioSpace.com

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