Baxter shows positive second quarter growth

Baxter International, a Deerfield, Ill.-based company offering a variety of renal and hospital products, reported an increase in second quarter sales.

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Baxter’s sales reached $2.6 billion in the second quarter, marking a 4 percent increase year over year.

U.S. sales showed a 10 percent increase, hitting $1.1 billion, while international sales reached 1.5 billion, representing a 1 percent increase from the second quarter of 2015.

The company’s sales of hospital products marked a 6 percent increase to reach $1.6 billion, while renal sales hit $965 million, showing a 2 percent increase.

After a strong financial performance for the first six months of the year, Baxter is updating is financial outlook for 2016, expecting higher total sales growth and earnings.

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