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Mixed results for skin, oral and baby care.
September 30, 2015
By: TOM BRANNA
Editor
A strong US dollar continues to batter results for multinationals. Johnson & Johnson’s (JNJ) Consumer Healthcare segment grew 2.3% at constant exchange rates, to nearly $3.5 billion in the second quarter. However, the foreign exchange rate impacted this segment negatively by 9.3% during 2Q15, resulting in an overall fall of 7% in revenues for this segment. By product segment, J&J's baby care franchise sales fell 1.2% at constant exchange rates due to lower sales of cleanse...
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