Sanochemia Stays in the Red
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Despite improvements in its financial data, the Austrian pharmaceutical company Sanochemia does not succeed in eliminating its losses
Sanochemia Stays in the Red / Picture: © Vindobona.org
Sanochemia Pharmaceuticals AG announced today the final figures for the financial year 2009/10. The group achieved sales amounting to € 27.1m, which turned out somewhat lower due to the abandoning of low-margin sales (2009: € 29.53bn), but the profits in this financial year were well above the previous one.
The EBITDA at € 2.66m is well above the previous year's result…
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