Recordati (REC.MI) reported that its first quarter net income grew 22.4% to 153.06 million euros from 125.04 million euros, prior year. Earnings per share rose to 0.732 euros from 0.598 euros, up 22.4%. Adjusted net income was 188.14 million euros, up 7.2%.
First quarter net revenue was 713.42 million euros, compared to 679.96 million euros, last year, representing a 4.9% increase. Consolidated net revenue rose 8.7% on a like-for-like basis at CER, or up 7.9% excluding Türkiye.
The Group confirmed its financial targets for full year 2026.
At last close, shares of Recordati were trading at 49.82 euros, down 0.20%.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.