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Dermapharm H1 Prel. EBITDA, Revenue Down; Confirms Annual Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Dermapharm Holding SE (DMP.DE) Tuesday reported preliminary results for the first half. The German pharmaceutical company also confirmed its full-year outlook.

Dermapharm posted preliminary EBITDA, or earnings before interest, taxes, depreciation, and amortization of 144.9 million euros for the first half, 1.4% lower than 147 million euros in the comparable quarter last year.

On an adjusted basis, EBITDA decreased 3.3% year-on-year to 148 million euros.

Revenue for the period declined 0.7% to 574.5 million euros from 578.5 million euros in the previous year.

For the full year, the company continues to expect revenue in the range of 1.160 billion euros - 1.200 billion euros. Adjusted EBITDA is expected between 322 million euros and 332 million euros.

Complete half-year results are scheduled to be reported on August 26.

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