{"id":113421,"date":"2021-05-03T07:38:27","date_gmt":"2021-05-03T07:38:27","guid":{"rendered":"https:\/\/fin2me.com\/?p=113421"},"modified":"2021-05-03T07:38:27","modified_gmt":"2021-05-03T07:38:27","slug":"siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/","title":{"rendered":"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests"},"content":{"rendered":"<ul>\n<li>Sees fiscal year sales up 8%-12% <\/li>\n<li>Forecasts adj. EPS between 1.90 euros ($2.28) and 2.05 euros<\/li>\n<li>Revenue from rapid antigen tests seen at 750 million euros <\/li>\n<\/ul>\n<p>In this article<\/p>\n<ul>\n<li><span>SHL-DE<\/span><\/li>\n<\/ul>\n<p>German health technology company Siemens Healthineers raised its full-year sales and profit forecast on Monday, as the Covid-19 pandemic continues to drive demand for its rapid antigen tests.<\/p>\n<p>The group now expects sales to grow 14% to 17% in the year to September, up from a previous forecast for 8% to 12% rise. Adjusted basic earnings per share are seen at 1.90 euros to 2.05 euros versus an earlier forecast of 1.63 euros to 1.82 euros.<\/p>\n<p>The upbeat outlook is helped by booming demand for the company&#x27;s Covid-19 rapid tests, which are mainly sold in Germany and generated sales of 190 million euros ($228 million) in the second quarter alone.<\/p>\n<p>Siemens Healthineers said it now expects rapid antigen test revenue of around 750 million euros for its full fiscal year, up from 300 million to 350 million forecast previously.<\/p>\n<p>Comparable sales in the January-March period, Siemens Healthineers&#x27; fiscal second quarter, rose almost 13% to 3.965 billion euros. Net income increased by 8% to 447 million euros.<\/p>\n<p>Makers of medical-imaging gear are also benefiting from pent-up demand from hospitals, which delayed ordering in the earlier stages of the pandemic. Dutch rival Philips posted a hefty jump in quarterly profit last week.<\/p>\n<p>Healthineers said sales in its imaging business were up 7%, driven by double-digit growth in its computed tomography and X-ray products.<\/p>\n<p>The company aims to become a world leader in cancer care therapy with the $16.4 billion acquisition of U.S. peer Varian, which it completed last month.<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/05\/03\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sees fiscal year sales up 8%-12% Forecasts adj. EPS between 1.90 euros ($2.28) and 2.05 euros Revenue from rapid antigen tests seen at 750 million [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":113420,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Siemens Healthineers raises outlook on demand for rapid Covid-19 tests - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Sees fiscal year sales up 8%-12% Forecasts adj. EPS between 1.90 euros ($2.28) and 2.05 euros Revenue from rapid antigen tests seen at 750 million [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-03T07:38:27+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/05\/Siemens-Healthineers-raises-outlook-on-demand-for-rapid-Covid-19-tests.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/\",\"url\":\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/\",\"name\":\"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-05-03T07:38:27+00:00\",\"dateModified\":\"2021-05-03T07:38:27+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/siemens-healthineers-raises-outlook-on-demand-for-rapid-covid-19-tests\/","og_locale":"en_US","og_type":"article","og_title":"Siemens Healthineers raises outlook on demand for rapid Covid-19 tests - Fin2me","og_description":"Sees fiscal year sales up 8%-12% Forecasts adj. 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