By Olivia Bugault

 

Siemens Healthineers AG said Thursday that net income and revenue rose in its fourth quarter of fiscal 2021, while it set targets for 2022.

The German medical-equipment maker said net income came in at 466 million euros ($541.1 million) in the quarter ended Sept. 30, up from EUR432 million a year earlier.

Revenue came in at EUR5.16 billion for the period compared with EUR3.88 billion the previous year.

The company issued guidance for fiscal 2022, saying it expects comparable revenue to grow by 0% to 2%. Excluding revenue from its rapid Covid-19 antigen tests, it said it targets comparable revenue growth of 5% to 7%. It also expects adjusted basic earnings per share between EUR2.08 and EUR2.20, which compares with EUR2.03 for its fiscal 2021.

"The outlook is based on several assumptions including the expectation that current and potential future measures to bring the COVID-19 pandemic under control will not negatively impact the demand for our products and services," it said.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

November 04, 2021 02:32 ET (06:32 GMT)

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