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1SXP SCHOTT Pharma AG & Co KgaA News Story

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Schott Pharma rises after Q1 sales beat

** Shares of Schott Pharma 1SXP.DE rise 6.4% in early Frankfurt trade after the pharmaceuticals packaging manufacturer's Q1 results came in slightly above expectations

** Quarterly sales were 240 million euros, ($286 million) beating the Jefferies consensus estimtate of 231 million euros and rising by 3.8%

** A local trader also says that there might be some reallocations from Schott Pharma's rival Gerresheimer GXIG.DE which warned that an accounting probe may hit 2025 results

($1 = 0.8395 euros)

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))

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