December 17, 2008 / 3:32 PM / 9 years ago

UPDATE 1-MDS sees flat to lower 2009 capex

TORONTO, Dec 17 (Reuters) - Canadian life-sciences company MDS Inc MDS.TO MDS.N said on Wednesday that its 2009 capital expenditures would be flat to lower than in 2008, but said it was in a good position to weather the economic downturn given its strong cash flow and balance sheet.

MDS Chief Executive Stephen De Falco also said on a conference call with analysts that it would not be providing any type of guidance going forward on its capital expenditures. ($1=$1.20 Canadian) (Reporting by Scott Anderson; Editing by Frank McGurty)

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