Currency fall benefits Drager
This article was originally published in Clinica
Executive Summary
While Dragerwerk saw its German business shrink by nearly 5% in 1997, its foreign sales more than compensated - jumping 17%. Worldwide sales of medical technology grew 7.7% to DM1.07 billion ($605 million), accounting for 63% of the group's total turnover of DM1.69 billion (+7.9%).