Choose Your City
Change City

Johnson & Johnson’s profits stay healthy despite sales dip

Health-care products maker Johnson & Johnson said yesterday its first-quarter profit dipped only slightly, beating Wall Street expectations, despite falling sales around the world.

The world’s most broadly based health-care company said the recession cut into consumer products sales, but the biggest drag on revenue was the stronger U.S. dollar, which pulled down overall revenue by six per cent.

You Might Also Like