Gerresheimer's first-quarter results hit by low demand in moulded glass
April 11 (Reuters) - German packaging and medical equipment maker Gerresheimer (GXIG.DE), opens new tab reported a lower organic core profit for the first quarter on Friday, hit by continued lower demand in moulded glass and shift in syringe revenues into later quarters.
Its adjusted operating earnings before depreciation and amortisation (EBITDA) were 91.4 million euros ($103.29 million) including recently acquired Bormioli Pharma. They were down 9.3% on an organic basis compared to the same period last year.
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