Sanochemia Confirms the Turnaround and Returns to Profitability

CompaniesHealth Care ♦ Published: May 13, 2011; 14:36 ♦ (Vindobona)

Sanochemia reports a profit and puts the focus on market expansion. Revenue increased by 20 percent year-on-year.

Sanochemia Confirms the Turnaround and Returns to Profitability / Picture: © Vindobona.org

Sanochemia Pharmazeutika AG, Vienna, has confirmed the turnaround that could be seen in the previous year with convincing operating results in the first half of 2010/2011 and returned to profitability. The company, which is listed in the General Standard of the Frankfurt Stock Exchange and in Vienna, was able to increase its turnover to more than € 16 m, as well as raising the…