Alex Gorsky – Foto Johnson & Johnson
Johnson & Johnson announced this week that sales of baby and personal care products, two of the major segments of consumer division, fell 5.8 percent and 6 percent, respectively. However, the positive highlight of the first quarter of 2017 was sales of beauty products, which rose 11.6% to $ 981 million. A companhia registrou queda de 0,8% no lucro líquido do primeiro trimestre, para US$ 4,4 bilhões, na comparação anual.
The company’s revenue grew 1.6 $ from January to March, to $ 17.8 billion, compared to the same period last year.
Adjustments related to asset amortization, restructuring costs and acquisitions have reduced the manufacturer’s profit by about $ 600 million. However, sales benefited from a 2.8% increase in revenues from international operations.
“Johnson & Johnson’s first-quarter results are in line with our expectations and we are confident we will achieve the financial projections for 2017,” Alex Gorsky, the company’s chairman, said in a statement.