Corporate News

Recordati Q1 Profit Rises - Quick Facts

Recordati's (RCDTF.PK) first-quarter net income attributable to equity holders of the parent increased 11.8% to 37.76 million euros from the prior year's 33.77 million euros. On a per share basis, net income was 0.178 euros, up from 0.162 euros in the year ago quarter.

Revenue for the quarter grew 11.4% to 244.58 million euros from last year's 219.56 million euros.

For the Full year 2013, the company expects net income of around 132 million euros, operating income of around 190 million euros and sales of around 930 million euros.

by RTTNews Staff Writer

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