Guerbet's 2020 revenues fall due to pandemic

By staff writers

February 16, 2021 -- Contrast developer Guerbet reported a drop in revenues for 2020 due to the ongoing COVID-19 pandemic.

For the full fiscal year (end-December 31), the firm posted revenue of 712.3 million euros ($862.9 million U.S.) at current exchange rates, down 12.8% compared with revenue of 816.9 million euros ($989.6 million) in 2019. However, at constant exchange rates, Guerbet's revenue was down 10% at 735.4 million euros ($890.8 million).

For diagnostic imaging in particular, revenue totaled 637.2 million euros ($771.9 million U.S.), down 11.4% at constant exchange rates, compared with 719.4 million euros ($871.5 million U.S.) in 2019.

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