February 7, 2020 / 8:39 AM / 20 days ago

BRIEF-Hungary's Richter sees 2020 operating margin at 12.5% -CEO

Feb 7 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt :

* RESEARCH AND DEVELOPMENT COSTS TO INCREASE FURTHER IN 2020 -CEO

* SEES 2020 FY REVENUE RISING BY ABOUT 5% -CEO

* SEES 2020 OPERATING PROFIT MARGIN AT 12.5% -CEO

* SALES TO U.S. TO GROW BY 20%, WESTERN EUROPE SALES TO RISE BY 10%, RUSSIAN MARKET TO GROW BY 3%, OTHER MARKETS TO STAGNATE -CEO Further company coverage: (Reporting by Gergely Szakacs)

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