Finland's Orion upgrades profit outlook for 2015

July 9, 2015 8:32 AM

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HELSINKI, July 9 Finnish pharmaceutical manufacturer Orion on Thursday said it expects its 2015 full-year operating profit to exceed 260 million euros ($287 million), compared with an earlier estimate of 230 million euros.

The company said its net sales are estimated to be at a similar level to 2014 when they amounted to 1,015 million euros, while capital expenditure is expected to be about 50 million euros excluding substantial corporate or product acquisitions.

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