NEW YORK (GenomeWeb News) — Thermo Fisher Scientific today said it has raised its 2007 revenue guidance by around 2 percent.
Thermo said it expects 2007 revenue to be between $9.4 billion and $9.5 billion. Earlier this year CEO Marijn Dekkers predicted that receipts for the year would be between $9.2 billion to $9.3 billion.
The revised guidance marks an increase of between 7 percent and 8 percent over the $8.8 billion in revenue the company would have generated in 2006 had their merger occurred that year.
In its statement today Thermo said most of the increased revenues will come from organic growth as opposed to acquisitions.