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Abbott Laboratories (ABL.MU)

Munich - Munich Delayed price. Currency in EUR
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96.21+0.08 (+0.08%)
At close: 08:06AM CEST
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Previous close96.13
Open96.21
Bid95.57 x N/A
Ask95.77 x N/A
Day's range96.21 - 96.21
52-week range85.62 - 110.36
Volume50
Avg. volume16
Market capN/A
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date18 Jul 2024 - 22 Jul 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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  • Reuters

    Drugmaker Abbott India posts Q4 profit rise on higher sales

    Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines. Revenues of drugmakers such as Abbott India and GlaxoSmithKline Pharma India, which get most of their business from India, have been impacted after the inclusion of some of their drugs in the government's essential medicines list in September 2022, making them susceptible to price caps. Abbott, which is a unit of U.S. healthcare firm Abbott Laboratories, has been trying to mitigate the impact of pricing curbs by driving up sales and cutting back on expenses.