Edition:
India

Almirall Q1 Net Profit Up At 48.6 Mln Euros YoY, Maintains Guidance


Monday, 11 May 2020 

May 11 (Reuters) - Almirall SA ::Q1 REVENUE 247.3 MILLION EUROS VERSUS 232.2 MILLION EUROS YEAR AGO.Q1 EBITDA 88.3 MILLION EUROS VERSUS 80.2 MILLION EUROS YEAR AGO.Q1 NET PROFIT AT 48.6 MILLION EUROS VERSUS 29.9 MILLION EUROS YEAR AGO.Q1 NORMALIZED NET PROFIT 48.9 MILLION EUROS VERSUS 32.6 MILLION EUROS YEAR AGO.SAYS GUIDANCE MAINTAINED.SEES NET SALES LOW TO MID SINGLE-DIGIT GROWTH, EBITDA BETWEEN €260 - €280 MILLION, SUBJECT TO PROGRESSIVE NORMALISATION OF HEALTHCARE SYSTEMS BY END-Q2.SAYS EXPECT COVID-19 IMPACT IN Q2 ESPECIALLY IN U.S..SAYS 100% OF MANUFACTURING SITES OPERATING AT FULL CAPACITY.Q1 R&D 21.3 MLN EUROS VS 21.7 MLN EUROS YR AGO.SAYS RESEARCH AND DEVELOPMENT SPEND FLAT DUE TO LOWER PHASE IV STUDIES, IMPACTED BY COVID-19.