Brief: Boiron H1 Operating Result Turns To Loss Of 11.0 Million Euros

Boiron SA

08/09/2021 16:56

Sept 8 (Reuters) - Boiron SA  BOIR.PA :
    * H1 OPERATING LOSS OF EUR 11.0 MILLION VERSUS PROFIT OF EUR
1.5
MILLION YEAR AGO
    * H1 REVENUE EUR 190.0 MILLION VERSUS EUR 253.6 MILLION YEAR
AGO
    * H1 NET LOSS GROUP SHARE EUR 9.5 MILLION VERSUS LOSS OF EUR
1.0
MILLION YEAR AGO
    * THE REORGANISATION OF THE FIFTEEN REMAINING SITES AND THE
CLOSURE OF THE MONTRICHARD SITE ON 31 DECEMBER WILL RESULT IN
THE ADDITIONAL DEPARTURE OF 124 PEOPLE
    * IN H2, WE EXPECT SALES OF NON-PROPRIETARY MEDICINES TO
CONTINUE
TO DECLINE COMPARED TO 2020, FOLLOWING THE DELISTING OF
HOMEOPATHIC MEDICINES IN FRANCE
    * EXPECT POSITIVE ANNUAL OPERATING RESULT, ALBEIT DOWN ON
2020
    * SPECIALTY SALES ARE EXPECTED TO IMPROVE, ALTHOUGH THIS
WILL
DEPEND ON THE DURATION AND EXTENT OF THE HEALTH CRISIS
    * CUMULATIVELY FOR THE YEAR, WE ANTICIPATE A SIGNIFICANT
DECLINE
IN TURNOVER

Further company coverage:  BOIR.PA 

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