Roche CFO: We Have A Tough Year Ahead Of Us
February 04 2009 - 2:41AM
Dow Jones News
Swiss pharmaceutical company Roche AG (ROG.VX) is facing a tough
year, the company's Chief Financial Officer Erich Hunziker said in
a conference call Wednesday, detailing Roche's 2008 figures.
"But even in difficult times we fully invest in the future. We
remain committed to innovation," Hunziker said.
Earlier Wednesday, Roche reported an 8% drop in net profit and
slightly lower sales, as the strong Swiss franc and a sharp drop in
revenue from flu drug Tamiflu offset the boost from briskly selling
cancer drugs.
Company Web site: www.roche.com
-By Julia Mengewein, Dow Jones Newswires; +41 43 443 80 45,
julia.mengewein@dowjones.com
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