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Article: POLAND-DRUG DISTRIBUTION-FARMACOL.
- Article from:
- Poland Business News
- Article date:
- May 22, 2002
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Drug distributor Farmacol expects net profit to jump nearly 5 times to PLN 36 mln on high profitability, sales changes and acquisitions - news analysis
Warsaw. May 22. INTERFAX-EUROPE - Polish drug distributor Farmacol plans to continue its run of stellar results by boosting net profit nearly five times and increasing sales by almost one-third in 2002 as it improves its sales profitability, rejigs sales structure and buys smaller rivals and large privatized firms.
The company plans to boost group net profit to PLN 36 mln in 2002 from PLN 6.6 mln a year earlier and raise sales to PLN 2.4 bln from PLN 1.8 bln, according to just released earnings guidance. ...