Brief: Faes Farma 9-Month Net Profit Up At 71.1 Mln Euros YoY

Faes Farma SA

29/10/2021 07:03

Oct 29 (Reuters) - Faes Farma SA  FAE.MC :
    * 9-MONTH REVENUE 320.9 MILLION EUROS VERSUS 316.1 MILLION
EUROS
YEAR AGO
    * 9-MONTH EBITDA 95.1 MILLION EUROS VERSUS 91.7 MILLION
EUROS YEAR
AGO
    * 9-MONTH NET PROFIT 71.1 MILLION EUROS VERSUS 63.9 MILLION
EUROS
YEAR AGO
    * SAYS NET PROFIT TO INCREASE IN 2021, COMPENSATING ADVERSE
IMPACT
FROM EXTERNAL ENVIRONMENT
    * SAYS PROGRESSIVE NORMALIZATION IN 2H IS CONFIRMED, SIGNING
OF
THE BILASTINE LICENSE IN THE US IS INCLUDED IN ESTIMATES
    * SAYS SEES 2021 NET PROFIT BETWEEN 89 MLN EUROS – 93 MLN
EUROS
    * SEES SINGLE DIGIT GROWTH IN 2021 NET SALES

Source text for Eikon:  ID:nCNM3wy7Vh 
Further company coverage:  FAE.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))