The Galenica Group once again reported strong results in 2016.
Consolidated net sales grew by 8.6% to CHF 4,118.4 million. On a comparable basis, excluding the negative effects due to IAS 19 and the acquisition of Relypsa, EBITDA rose by 11.4% and EBIT by 10.2%. Net profit before deduction of minority interests was up by 13.5% and net profit after deduction of minority interests by 12.9%.
The acquisition of US company Relypsa had a negative impact on the Group’s results and reduced EBITDA by CHF 103.4 million, EBIT by CHF 129.4 million and net profit before and after deduction of minority interests
Consolidated net sales grew by 8.6% to CHF 4,118.4 million. On a comparable basis, excluding the negative effects due to IAS 19 and the acquisition of Relypsa, EBITDA rose by 11.4% and EBIT by 10.2%. Net profit before deduction of minority interests was up by 13.5% and net profit after deduction of minority interests by 12.9%.
The acquisition of US company Relypsa had a negative impact on the Group’s results and reduced EBITDA by CHF 103.4 million, EBIT by CHF 129.4 million and net profit before and after deduction of minority interests
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