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Thursday, 02/06/2014 8:23:39 AM

Thursday, February 06, 2014 8:23:39 AM

Post# of 257262
Teva Q4: Net profit +19%
Teva (TEVA) net profit rises to $380M from $320M.
The 4.8% increase in revenue was primarily attributable to higher sales of generic medicines in the U.S., specialty medicines globally and OTC products. The rise was partially offset by a decrease in generics sales outside the U.S., mostly in Japan due to the weaker yen, and API sales to third parties.
Revenue breakdown: total generics +1% to $2.7B; specialty medicines +5% to $2.2B. Copaxone +8% to $1.1B.
Teve reaffirms its 2014 outlook.
Declares 2013 dividend of 1.21 shekels ($0.34) a share, +5% from Q3. The record date will be February 24, and the payment date March 10. Tax will be withheld at a rate of 15%.

http://seekingalpha.com/pr/8885501-teva-reports-fourth-quarter-and-full-year-2013-results

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