Brief: Laboratorio Reig Jofre 9-Month Net Profit Up At 5.3 Mln Eur YoY

Laboratorio Reig Jofre SA

13/11/2020 07:27

Nov 13 (Reuters) - Laboratorio Reig Jofre SA  RJFE.MC :
    * 9-MONTH NET PROFIT 5.3 MILLION EUROS VERSUS 2.3 MILLION
EUROS
YEAR AGO
    * 9-MONTH EBITDA 19.2 MILLION EUROS VERSUS 12.4 MILLION
EUROS YEAR
AGO
    * 9-MONTH TURNOVER 170.4 MILLION EUROS VERSUS 147.1 MILLION
EUROS
YEAR AGO
    * SAYS IMPACTS IN 2020 DERIVED FROM COVID-19 WILL PROBABLY
RESULT
IN A SLIGHT DROP IN SALES
    * SAYS PRODUCTION OF ESSENTIAL DRUGS RELATED TO COVID-19 MAY
AFFECT 2020 REVENUES AND RESULTS DUE TO POSTPONEMENT OF
MANUFACTURE AND SALE OF OTHER PRODUCTS
    * SAYS INTEGRATION OF NEW PRODUCTS AND INTERNATIONAL GROWTH
TO
RESULT IN REVENUE GROWTH TO BE ACHIEVED IN 2020
    * SAYS EXPECTS TO CLOSE 2020 WITH GROWTH IN SALES AND PROFIT
    * SAYS Q4 WILL PRESENT LOWER GROWTH RATES AND REFLECT THE
IMPACTS
OF COVID-19 ON REVENUE OF SPECIALTY PHARMACARE PRODUCTS
    * SAYS PHARMACEUTICAL TECHNOLOGIES DIVISION IS EXPECTED TO
REGISTER THE HIGHEST ORGANIC GROWTH IN 2020
    * SAYS MODERATE REVENUE GROWTH IS EXPECTED IN CONSUMER
HEALTHCARE

Source text for Eikon:  ID:nCNM6VhNwP   ID:nCNM8smfZ5 
Further company coverage:  RJFE.MC 

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