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ROVI — Laboratorios Farmaceuticos Rovi News Story

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Drugmaker Rovi's net profit rises on higher Okedi, heparin sales

Feb 25 (Reuters) - Spanish drugmaker Laboratorios Farmaceuticos Rovi ROVI.MC said on Wednesday its 2025 net profit rose 3% as higher sales of its schizophrenia drug Okedi and heparin products - as well as recognition of R&D aid - offset a decline in contract manufacturing revenue.

Full-year net profit rose to 140.4 million euros, while operating revenue fell 3% to 743.5 million euros

CDMO revenue dropped 20% to 269.5 million euros on negligible Moderna-related revenue and lower production volumes for Moderna

Specialty pharmaceutical revenue increased 11% to 473.9 million euros, driven by a 97% rise in Okedi sales and 7% in the heparin franchise, which includes low molecular weight heparins (LMWH) and other heparins

Gross profit rose 3% to 494.7 million euros, supported by 36.3 million euros in R&D aid and lower LMWH raw material prices

Rovi will propose a dividend of 0.96 euros per share, a payout of around 35%

It expects 2026 operating revenue to grow by a high single-digit to low double-digit percentage

 (Reporting by Marta Serafinko in Gdansk; Editing by David Latona)

 ((Marta.Serafinko@thomsonreuters.com; +48 58 769 66 00;))

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