Healthy profit increase for Arjo in 1996:
This article was originally published in Clinica
Swedish industrial group Getinge's Arjo subsidiary saw 1996 profits rise 178% to SKr 230 million ($33 million) on sales of SKr 1,209 million, down 4% on the previous year. Adjusted for acquisitions and exchange rate fluctuations, sales increased 5%. Arjo has consolidated its patient handling equipment manufacture in Gloucester, UK, while its production of hygiene products is now based at the main site in Eslov, Sweden.