Esaote reports 2010 revenue boost

Global sales gains contributed to a 6% increase in revenues for ultrasound vendor Esaote in 2010.

For the year (end-December 31), Esaote had consolidated sales of 329.6 million euros ($467.5 million U.S.), compared with 310.2 million euros ($440.5 million U.S.) reported in 2009.

Sales in Italy reached 131.2 million euros ($186.3 million U.S.), up 3.4% compared to 126.9 million euros ($180.2 million U.S.) recorded in 2009. International sales, which contribute 60.2% of the company's total revenues, climbed 8.3%, Esaote said.

Esaote had 2010 earnings before interest, taxes, depreciation, and amortization (EBITDA) of 44.1 million euros ($62.5 million U.S.), compared with EBITDA of 41 million euros ($58.2 million U.S.) in 2009.

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