Invacare Looks to 2011
ELYRIA, Ohio — Net sales for 2010 increased 1.7 percent to
$1.72 billion versus $1.69 billion in 2009, Invacare reported last
week. Organic net sales for the year grew 1 percent, but that
growth rate should increase to 2 to 4 percent in 2011 as the
company shifts to a global operating model and continues to focus
on efficiencies, the manufacturer said in its year-end earnings
report.
In the U.S., Invacare said it will “remain judicious” in
extension of credit with the advent of competitive bidding and
is also watching state Medicaid budgets.
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