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UCB Pharma GmbH Alfred-Nobel-Str. 10 40789 Monheim, Germany http://www.ucb.com
Contact Ms Antje Witte +49 2173 481866
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UCB Pharma GmbH

Half-Year Report 2007: SCHWARZ PHARMA On Track

(PresseBox) (Monheim, )
The SCHWARZ PHARMA Group achieved revenues of €455.8 million in the first half of 2007. Due to the decline in sales, the lower gross margin, and lower milestone payments, the operating result fell to €52.2 million (-33.4%). The net result came to €26.1 million (-30.0%).

“The solid business developments in the first half of the year are in line with our expectations”, says Detlef Thielgen, Chairman of the Executive Board of SCHWARZ PHARMA AG. “Together with UCB, we will jointly push forward our company’s integration under the terms of the domination and profit transfer agreement.”

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