Instrument Business Outlook is a respected industry newsletter. And it has just named Agilent as “2017 Company of the Year.”
The company chosen is one whose performance financially and operationally, and development of technology in the previous year, distinguishes it among industry participants and indicates strong fundamentals, as well as an enviable position in the lab instrument and product market. (IBO)
“Agilent has grown sales since fiscal 2015 while keeping costs constant,” says IBO’s Tanya Samazan. “The company’s fiscal 2017 revenue growth was its fastest since fiscal 2010.
“Agilent’s new investments have also paid off. Changes include an expansion of Agilent’s diagnostics business, entry into new markets such as cell analysis and Raman spectroscopy, and additions to successful franchises in NGS sample preparation and LC/MS, among other key product launches.”
The newsletter highlights Agilent’s increased growth in revenues, operating profit, and net income, noting that the gains were the result of a sustained effort to position the company for future growth.
IBO credits Agilent CEO Mike McMullen. He in turn credits Agilent’s team of 13,500 employees around the world.
“Having the right strategy to secure growth is pivotal, “Mike says. “But equally crucial is the right team, resolute in their commitment, and with one focus – to provide solutions and services which enable Agilent´s customers to be successful across the all the markets we serve.”
IBO is the leading newsletter tracking trends and developments in the analytical and life science instrumentation, and laboratory products markets.
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