Stada released FY17 results. Sales reached €2,319m (+8%), EBITDA €363.8m (+1%), adj. EBITDA €433.9m (+9%), net income €85.3m (-1%), and adjusted net income €195.6m (10%). The dividend proposed will be only €0.11 (vs €0.72), the group arguing its needs to invest in R&D, new products, technologies and markets to compete. Net debt at year-end 2017 stood at €1,054.7m (vs €1,118.2m a year before and €1,066.3m in Q3. For FY18, the group expects
08 Mar 2018
No surprise on FY17 and unchanged outlook
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No surprise on FY17 and unchanged outlook
- Published:
08 Mar 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Stada released FY17 results. Sales reached €2,319m (+8%), EBITDA €363.8m (+1%), adj. EBITDA €433.9m (+9%), net income €85.3m (-1%), and adjusted net income €195.6m (10%). The dividend proposed will be only €0.11 (vs €0.72), the group arguing its needs to invest in R&D, new products, technologies and markets to compete. Net debt at year-end 2017 stood at €1,054.7m (vs €1,118.2m a year before and €1,066.3m in Q3. For FY18, the group expects