** Shares in Spain's Almirall ALM.MC rise over 8% after the pharmaceutical company reported better-than-expected Q1 results
** Jefferies highlights Q1 sales and EBITDA, which came in 1% and 3% above consensus, respectively, as well as net income beat despite higher tax
** It says key growth drivers Ilumetri and Wynzora for plaque psoriasis, and Ebglyss for eczema treatment exceeded broker's projections despite increasing competition and quarterly phasing impacts in the psoriasis market
** It also adds that physician feedback supports fast uptake of Ebglyss in Europe, while further uptake of Ilumetri may be slowed due to competitive market
** If gains hold, the stock will see its best day since February 2022
(Reporting by Marta Serafinko in Gdansk)
((Marta.Serafinko@thomsonreuters.com; +48 58 769 66 00;))