BioMerieux has lowered its full-year organic growth and income projections after reporting a decline in first-quarter sales. The company cited a soft market for instrument installations and a weaker respiratory season as key drivers.
- Q1 consolidated sales reached 984 million euros
- Reported sales declined 10.4% year-over-year
- Organic sales growth guidance cut to 3%-5%
- CEBIT growth outlook lowered to 0%-10%
- Weak respiratory season and soft instrument market cited as causes
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