Invacare Corporation Provides Business Update at Baird Global Healthcare Conference
Invacare Corporation (IVC)
Last invacare corporation earnings: 2/10 06:00 am
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Source: Business Wire
Company Reaffirms Full-Year 2019 and 2020 Guidance ELYRIA, Ohio--(BUSINESS WIRE)--Matt Monaghan, chairman, president and chief executive officer of Invacare Corporation (NYSE: IVC) provided a business update at the Baird Global Healthcare Conference in New York on September 4th. Mr. Monaghan discussed Invacare’s continuing progress in the company’s transformation, the impact of additional U.S. tariffs, and reaffirmed the company’s 2019 and 2020 guidance.Commenting on the transformation, Mr. Monaghan said, “After four years of foundation building, we are pleased to see the results having a positive effect on our reported financial performance. Our regions continue to focus on commercial excellence while the rest of the business is taking advantage of global synergies and expertise. As a result, new product introductions are coming at a more rapid pace, cash flow is improving, and overall operating results reflect better efficiencies. We expect these trends to continue through 2020.”
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