Italian ultrasound vendor Esaote reported preliminary 2005 consolidated sales of 249 million euros ($295.8 million U.S.), up 4% compared with 2004 consolidated sales.
Foreign sales increased more than 5% during the year, while the core ultrasound business grew more than 9%, according to the Genoa, Italy-based firm.
The company also reported its new management structure since the company was divested by Italian contrast vendor Bracco in January. Carlo Castellano has been named CEO, while Fabrizio Landi has been named managing director and general manager. The company's ownership structure consists of Esaote management owning 6.3% of the company, while the rest is owned by a group of Italian banks and investment firms.
By AuntMinnie.com staff writers
March 2, 2006
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