In this latest news, Invacare has released 50 employees, most from their Elyria headquarters. They are not the only company in the homecare / mobility industry to do so recently. Invacare maintains that dismissed staff are “office workers” and spokesperson Lara Mahoney is quoted as saying that they are “just ensuring that we’re running as [...]
Tag Archives | invacare
Invacare Q2 2011 Results And The Outlook
Invacare announced their Q2 2011 results yesterday and the stock dropped in the region of 5%, why? What didn’t the market like, especially in view of the fact that: Organic net sales growth was up 3.8% vs Q2 last year. Adjusted EPS improved 15% vs Q2 last year to $0.45. Invacare generated free cash flow of $21.3 [...]
Invacare Earnings Improve In 2010 and Forecast Better Revenue Growth In 2011
Invacare has just released it’s Q4 and 2010 report. Notable is the adjusted earnings per share double digit growth for 3 years running and the companies new strategic focus on operating as a global, as opposed to regional player in the world homecare and mobility business. Invacare also hints at possibly making acquisitions in 2011. [...]
Gerald B. Blouch Named CEO Of Invacare
Gerry Blouch has been named CEO of Invacare, the largest publicly traded mobility company in the world. Mal Mixon, former CEO will continue in the role of Chairman of the Invacare board. Invacare took the opportunity of also announcing a new functional global re-organization headed up by senior executives responsible for commercial operations, supply chain, product development [...]
USITC Has Voted To Institute An Investigation Of Invacare vs Drive and Shanghai Shunlong Bed Claim
Time will tell if this claim prevails however in a week where the industry has been accused of outsourcing jobs, in a market where the barriers to entry seem to be getting lower and lower – beware – companies will fight harder to protect intellectual and other property rights. September 2, 2010 The U.S. International [...]
Invacare Targeted (And Responds) In Ted Strickland Political Campaign
Invacare responded to communications made by Ted Strickland which accuse Invacare and Invacare board member John Kasich of outsourcing jobs to China. Invacare noted that Though difficult, the changes made in 2006 strengthened Invacare and over the past few years, despite the challenging economy, the Company has added approximately 200 associates to its Ohio campus [...]
Homecare Sales Mid 2010 Reflect Renewed Growth – From Wheelchairs To Sleep Apnea Products
With ongoing discussion about the tough economic times, Medicare cuts through it’s controversial National Competitive Bidding program, it is good to see that the homecare industry is showing renewed growth in several areas. Here is a brief look at the latest results from sleep product manufacturer Resmed, homecare manufacturer Invacare and Lincare – a homecare [...]
Invacare Sues Drive Medical For Patent Infringement
Invacare is seeking injunctive relief and suing Drive Medical for alleged patent infringement related to it’s bed products as well as it’s rollator. Invacare had previously announced in one of it’s presentations that it would be focussing more on protecting it’s intellectual property and this action may well partially stem from this. As more and [...]
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