of millions of ventilators used to treat sleep apnea over worries that foam used in the machines could become toxic.
The reduced workforce should lead to a low-teens profit margin by 2025, and a mid-to-high-teens margin beyond that year, with mid-single-digit comparable sales growth throughout.is not capitalizing on the full potential of strong market positions as it faces a number of significant operational challenges,” new Chief Executive Officer Roy Jakobs said.
The simplified organization should also improve patient safety and quality and supply chain reliability, he added.also reported fourth-quarter adjusted earnings before interest, taxes and amortization of 651 million euros , nearly stable from 647 million euros a year before. Analysts in a company-compiled poll on average had predicted core profit would drop to 428 million euros.