April 24, 2020 / 12:31 PM / a month ago

Finnish drugmaker Orion upgrades 2020 profit outlook after coronavirus lifts demand

Helsinki, April 24 (Reuters) - Finland’s Orion on Friday upgraded its 2020 operating profit outlook, saying the coronavirus pandemic had caused a significant increase in demand for its drugs in the first quarter.

“Orion estimates the full-year 2020 operating profit to be higher than previously estimated due to the strong start of the year,” the company said in a statement.

European sales of certain proprietary products were also expected to exceed previously estimated levels, it said. (Reporting by Anne Kauranen; Editing by Susan Fenton)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below