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Slight Improvement in Sanochemia´s Results
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The Austrian pharmaceutical company could increase sales by 12% in the first quarter of 2011/12. Sanochemia could reach small profits again.
Slight Improvement in Sanochemia´s Results / Picture: © Vindobona.org
The Frankfurt-based pharmaceutical company announced results for the first quarter 2011/12. The positive development of the last year could be continued, Sanochemia says. Profits reached € 0.3m, which is seen as “sustainable development of the operating business, in spite of the decision to raise expenses for clinical studies and market development.” EBIT was down from € 1.04m…
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