Brief: Richter CEO says exchange rate moves could help raise profits by more than 10% in 2022

Gedeon Richter

03/08/2022 08:35

Aug 3 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt
 GDRB.BU  CEO tells briefing:
    * COMPANY EXPECTS PROFITS TO RISE BY 10% IN 2022 WITHOUT
HELP OF
GAINS FROM EXCHANGE RATE MOVEMENTS
    * GAINS FROM EXCHANGE RATE MOVEMENTS COULD HELP RAISE
PROFITS BY
MORE THAN 10% IN 2022
    * EXCHANGE RATE CHANGES HAVE BEEN EXTREMELY BENEFICIAL SO
FAR IN
2022 BUT THERE IS DOUBT SITUATION WILL REMAIN SO, ESPECIALLY IN
ROUBLE MARKETS

Further company coverage:  GDRB.BU 

 (Reporting by Anita Komuves)
 ((KOMUVES.Anita@thomsonreuters.com;))