Abbott’s Ross business
This article was originally published in The Tan Sheet
Executive Summary
Second quarter sales were up 13%, driven by a strong adult nutritionals business. Adult nutritionals posted a 30% increase in sales, including double-digit growth for Ensure and incremental sales from EAS, the firm said. Pediatric sales were roughly flat due to a difficult comparison with the prior year. The firm explained that EAS sales have been lower than expected due to the downward trend in the low carb diet segment...