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Siemens Healthineers beats Q1 profit estimates on strong imaging unit margins

Feb 5 (Reuters) - Siemens Healthineers  SHLG.DE 
reported first-quarter operating profit above market
expectations on Thursday, as strong margin performance in its
core imaging and cancer-care units helped cushion a slump in its
diagnostics business and adverse currency exchange rates.
    The German medical technology group reported adjusted
earnings before interest and taxes of 809 million euros ($953
million) for the quarter that ended on December 31, beating
analysts' average estimate of 784 million euros in a poll
compiled by Vara Research.
    Revenue of 5.40 billion euros was slightly below the market
consensus of 5.45 billion euros, as a structural market change
in China weighed on the diagnostics business.
    ($1 = 0.8486 euros)

(Reporting by Maria Rugamer and Orest Dovhan in Gdansk, editing
by Milla Nissi-Prussak)
((mailto:maria.rugamer@thomsonreuters.com;))

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