12 November 2002 18:37 [Source: ICIS news]LONDON (CNI)--Swiss pharmaceuticals group Roche said Tuesday it is likely to report negative net financial income in 2003 but will try to break even at this level in 2004.
The prediction was made by chief financial officer Erich Hunziker at a presentation to investors today.
In 2001, Roche had a net financial income of SF1.5bn ($1.04bn/Euro1.03bn).
For 2002, Roche has said net financial income is likely to hold steady at the level posted in H1, which was SF520m or SF612m excluding one-off items.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections