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    RICHTER — Richter Gedeon Vegyeszeti Gyar Nyrt News Story

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    Brief: Hungary's Richter CEO reiterates 2024 guidance

    Picture of Richter Gedeon Vegyeszeti Gyar Nyrt logoRichter Gedeon Vegyeszeti Gyar Nyrt
    12/11/2024 08:39
    Nov 12 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt
 GDRB.BU  CEO Gabor Orban:
    * 2024 GUIDANCE REITERATED
    * PHARMA REVENUES AND CLEAN EBIT EXPECTED TO COME IN CLOSER
TO THE
LOWER END OF THE UNCHANGED GUIDANCE RANGE
    * EXCHANGE RANGE MOVEMENTS PROVIDED TAILWIND
    * WE SAW DOUBLE-DIGIT GROWTH IN ALL SEGMENTS IN Q3
    * OPERATING EXPENSES WERE HIGHER THAN EXPECTED DUE TO
ACQUISITIONS
    * LOWER VRYLAR INCOME WAS OFFSET BY MILESTONE PAYMENT FROM
ABBVIE
AFTER NEW RESEARCH AND DEVELOPMENT COLLABORATION SIGNED IN
OCTOBER

Source text: [https://bet.hu/newkibdata/129151822/PresentationQ32024.pdf
]
Further company coverage:  GDRB.BU 

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

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