Gyrus beats dollar to grow in double digits in 2004
This article was originally published in Clinica
Executive Summary
Despite the unfavourable dollar-sterling exchange rate, Reading, UK-based device company Gyrus reported 11% sales growth to £87m ($165m) in 2004. At constant exchange rates, revenues were up by 22%, it said. Profit before tax and goodwill amortisation was up 26% at £10.2m.