Sanochemia Achieves Turnaround

CompaniesHealth Care ♦ Published: December 19, 2011; 17:27 ♦ (Vindobona)

The Austrian pharmaceutical company could turn net results and EBIT into the profit zone. Sales were up too.

Sanochemia Achieves Turnaround / Picture: © Vindobona.org

Sanochemia sees itself returning to profitability and announces to have achieved a substantial increase of its financial figures. “In spite of difficult framework conditions in the last business year, the turnaround has been achieved. The consequent implementation of a tough cost management, a continuous improvement of processes and successful distribution activities were the factors…