Brief: Galenica H1 Consolidated Net Sales At CHF 1.85 Bln

Galenica AG

29/11/2023 13:39

Nov 29 (Reuters) - GALENICA AG  GALE.S :
    * IN THE FIRST HALF OF 2023, GALENICA INCREASED CONSOLIDATED
NET
SALES BY 5.5% TO CHF 1,851.2 MILLION COMPARED TO THE PRIOR-YEAR
PERIOD
    * H1 ADJUSTED EBIT FELL BY 5.1% TO CHF 90.2 MILLION
    * GALENICA IS ADJUSTING ITS EBIT OUTLOOK FOR 2023 AND NOW
EXPECTS
AN ADJUSTED EBIT APPROXIMATELY AT THE PREVIOUS YEAR'S LEVEL
BASED ON THE ADJUSTED1 PREVIOUS YEAR'S FIGURES (ADJUSTED2 EBIT
2022: CHF 190.6 MILLION)
    * ON THE OTHER HAND, GALENICA CONFIRMS THE 2023 OUTLOOK FOR
CONSOLIDATED NET SALES (GROWTH BETWEEN 3% AND 6%) AND THE
DIVIDEND (AT LEAST AT THE PREVIOUS YEAR'S LEVEL)
    * NEGATIVE EBIT DEVELOPMENT WAS DUE TO SPECIAL ITEMS
TOTALING CHF
9.8 MILLION

Source text for Eikon:  ID:nEQ1Q08zWa 
Further company coverage:  GALE.S 

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