Baxter expects $70 million hit to fourth-quarter sales from Hurricane Maria

Send a link to a friend  Share

[October 25, 2017] (Reuters) - Hospital products maker Baxter International Inc on Wednesday forecast a nearly $70 million hit to its fourth-quarter revenue due to manufacturing disruptions arising from Hurricane Maria.

Deerfield, Illinois-based Baxter said all three of its facilities in Puerto Rico were in limited production.

In its Puerto Rican sites, Baxter makes items such as premixed injectables and products used in the delivery of medications.

(Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Sai Sachin Ravikumar)

[© 2017 Thomson Reuters. All rights reserved.]

Copyright 2017 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Back to top