Roche confirms 2020 outlook despite sales drop

Roche Holding AG said Thursday that sales in the period from January to September fell on year, but it backed its outlook for 2020. Sales at the Swiss …

The diagnostics division boosted company sales, particularly in the third quarter, driven by PCR tests for Covid-19.

The company expects sales to grow in the low-to-mid-single digit range in 2020, it said, confirming its previous outlook.

Roche also said that it plans to further increase its dividend in 2020.

Write to Cecilia Butini at cecilia.butini@wsj.com