Brief: Fagron Realizes Q1 Turnover Down At EUR 134.8 Million

Fagron NV

13/04/2021 06:03

April 13 (Reuters) - Fagron NV  FAGRO.BR :
    * FAGRON REALIZES TURNOVER OF € 134.8 MILLION
    * STRONG COVID-19 RELATED DECREASE OF PRESCRIPTIONS IMPACTED PERFORMANCE IN
EMEA
    * WE REITERATE OUR EXPECTATION FOR GROWTH IN BOTH TURNOVER AND PROFITABILITY
FOR
FULL YEAR 2021
    * Q1 STRONG OPERATIONAL PERFORMANCE IN NORTH AND LATIN AMERICA DESPITE FEWER
DOCTOR'S VISITS AND POSTPONEMENT OF ELECTIVE CARE
    * Q1 REPORTED TURNOVER DECREASED 4.8% ON SHARPLY WEAKER BRL, USD AND MXN
VERSUS
EUR
    * TOGETHER WITH NEWLY CONCLUDED CONTRACTS THIS GIVES US CONFIDENCE THAT WE
WILL BE
ABLE TO FURTHER ACCELERATE OUR GROWTH IN 2021
    * REALIZES Q1 TURNOVER OF EUR 134.8 MILLION
    * FAGRWE ARE IN AN EXCELLENT POSITION TO BENEFIT ONCE HEALTH SECTOR RETURNS
TO
NORMAL LEVELS
    * Transition to new repackaging facility in Poland to start in second half
of
April

Source text for Eikon:  ID:nGNEbHlpqV 
Further company coverage:  FAGRO.BR 

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