UPDATE 1-Roche quarterly sales rise 3 percent, pledges higher payouts

April 22, 2015 5:33 AM

2 0

ZURICH, April 22 (Reuters) - Roche, the world's biggest maker of cancer drugs, reported a 3 percent rise in sales in the first quarter on Wednesday, with growth held back by a strong Swiss franc, and pledged a rise in payouts to shareholders this year.

The Basel-based firm said sales in the first three months climbed to 11.833 billion Swiss francs ($12.40 billion) from 11.496 billion year-ago. This beat analyst views, which averaged 11.492 billion in a Reuters poll.

Also read: GE in talks to buy oilfield services provider Baker Hughes: WSJ

Read more

To category page