Orpea has released reassuring FY 18 top-line growth and an encouraging FY 19 outlook. Revenue came in at €3.4bn (+9% yoy), in line with consensus expectations, and the company reiterated its FY18 EBITDA margin guidance “higher than the 2017 level” (17.5%). On the back of the solid growth momentum and strong pipeline development, Orpea now expects sales to reach €3.7bn (+8.2%) for FY 19.
13 Feb 2019
Encouraging outlook for 2019
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Encouraging outlook for 2019
Orpea has released reassuring FY 18 top-line growth and an encouraging FY 19 outlook. Revenue came in at €3.4bn (+9% yoy), in line with consensus expectations, and the company reiterated its FY18 EBITDA margin guidance “higher than the 2017 level” (17.5%). On the back of the solid growth momentum and strong pipeline development, Orpea now expects sales to reach €3.7bn (+8.2%) for FY 19.