Currency effects hold back Takeda
03 August 2009
Ian Haydock
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03 August 2009
Ian Haydock
ian.haydock@informa.com
Exchange rates knocked ¥20.7 billion ($218.6 million) off Takeda's top line in the first quarter to June 30th, dragging net sales down by around 5% to ¥379.0 billion.
The translation losses more than offset gains from the acquisition of Millennium and the dissolution of the TAP joint...
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