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Article: Top Polish drug distributor PGF upholds net forecast; looks to further acquisitions.
- Article from:
- Poland Business News
- Article date:
- November 18, 2005
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Top Polish drug distributor PGF upholds net forecast; looks to further acquisitions
WARSAW. NOVEMBER 18. INTERFAX EUROPE - Poland's largest pharmaceutical distributor, PGF, upheld its forecast of double-digit net profit growth to some PLN 50 mln in 2005 and is eyeing further acquisitions to boost market share, PGF officials told a Friday press conference.
"We declared earlier this year that our annual net profit growth will be double digit. We are sure that this yearly goal will be reached," PGF financial director Jacek Dauenhauer said, citing a 2004 profit of PLN 42 mln. "The median of our net profit forecasted by the analysts is at some PLN 50 mln. We ...