The company expects its capital expenditure for full year 2013 to be around $130 million.
The company's practice is to provide guidance on a full year basis only. This forecast reflects Mindray's current and preliminary views, which are subject to change.
"Looking ahead, we expect China to continue to drive our overall growth and the emerging markets should gradually improve despite continued political and currency challenges in certain countries. As for the developed markets, while we are happy with our performance in Western Europe, we anticipate uncertainty to persist in our North American business," commented Mr. Cheng Minghe, Mindray's Co-Chief Executive Officer and Chief Strategic Officer. "Going forward, we will further enhance our efficiency to strengthen the company's competitive position. On the M&A front, we are confident about the integration of ZONARE and will continue to seek other promising targets and partners."
Conference Call InformationMindray's management will hold an earnings conference call at 8:00 AM on August 6, 2013 U.S. Eastern Time (8:00 PM on August 6, 2013 Beijing/Hong Kong Time).
Dial-in details for the earnings conference call are as follows:
International Toll Free:United States:
Local dial-in numbers:United States:
+852-2475-0994 China Mobile:
400-620-8038Passcode for all regions:
MindrayA replay of the conference call may be accessed by phone at the following numbers until August 21, 2013.
U.S. Toll Free:
17658491Additionally, a live and archived webcast of this conference call will be available on the Investor Relations section of Mindra
|SOURCE Mindray Medical International Limited|
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