15.03.2022 07:30:15
|
DGAP-News: PharmaSGP achieves record results in 2021 - Adjusted EBITDA in Q4 up fivefold year-on-year
DGAP-News: PharmaSGP Holding SE
/ Key word(s): Preliminary Results
PharmaSGP achieves record results in 2021 - Adjusted EBITDA in Q4 up fivefold year-on-year
Gräfelfing, 15 March 2022 - Based on preliminary and as yet unaudited results, German OTC pharmaceutical company PharmaSGP Holding SE achieved revenues of 65.3 million in 2021, representing a record in the company's history. The adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) for the full year amounted to 19.4 million, reflecting year-on-year growth of 14%. The adjusted EBITDA margin also increased year-on-year from 26.9% to 29.7%. Both revenues and the adjusted EBITDA margin are thereby recorded at the upper end of guidance for the 2021 financial year, and exceed the expectations of analysts at Berenberg and RBC. In the fourth quarter alone, adjusted EBITDA amounted to 6.2 million, representing a fivefold increase compared to the same quarter of the previous year (Q4 2021 compared with Q4 2020). Growth drivers included the organic business of "Health Brands" - revenues in this segment were up by 14% in the second half of the year compared to the second half of 2020. Furthermore, the successful acquisition of a portfolio of brands (including Baldriparan(R), Spalt(R) and Formigran(R)) from pharmaceutical group GSK also boosted growth. "The strong growth momentum from the third quarter continued at the end of the year," notes CFO Michael Rudolf. CEO Natalie Weigand adds: "In addition to the pleasing performance of our organic business in the second half of the year, the portfolio acquired from GSK - with its Baldriparan(R), Spalt(R) and Formigran(R) brands - also provided significant growth impetus in the fourth quarter." PharmaSGP will publish its full 2021 annual report on 28 April 2022. Specific revenue and earnings guidance for the current 2022 financial year will also be published in April. OVERVIEW OF PRELIMINARY YEAR-ON-YEAR FIGURES
CONTACT cometis AG ABOUT PHARMASGP HOLDING SE PharmaSGP is a leading consumer health company with a diversified portfolio of over-the-counter (OTC) pharmaceuticals and other healthcare products that are marketed with the focus on the pharmacy distribution channel. These products are mostly based on natural active pharmaceutical ingredients with documented efficacy and few known side effects. The Company's core brands cover chronic indications, including rheumatic pain, nerve pain and other age-related ailments. In Germany, PharmaSGP is the market leader for systemic chemical-free pain remedies with its brand families RubaXX(R) for rheumatic pain and Restaxil(R) for neuralgic pain. Furthermore, PharmaSGP also offers leading products against sexual weakness and vertigo symptoms. Since introducing the first product from the current product portfolio in 2012, PharmaSGP has successfully established its business model in other European countries, including Austria, Italy, Belgium, Spain and France. In September 2021, the product portfolio was expanded by the brands Baldriparan(R), Formigran(R), Spalt(R) and Kamol(R), thus also strengthening or developing the indications pain and sleep disorder. The sales territory was expanded to include Switzerland and Eastern Europe. In 2021, PharmaSGP generated revenues of 65.3 million at an adjusted EBITDA margin of 29.7%. In order to further expand its competitive position, PharmaSGP plans to increase the number of indications covered by PharmaSGP's product offering, increase PharmaSGP's European footprint, and accelerate its growth strategy especially by capitalizing on selected M&A opportunities.
15.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | PharmaSGP Holding SE |
Lochhamer Schlag 21 | |
82166 Gräfelfing | |
Germany | |
E-mail: | ir@pharmasgp.com |
Internet: | https://pharmasgp.com |
ISIN: | DE000A2P4LJ5 |
WKN: | A2P4LJ |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich |
EQS News ID: | 1302183 |
End of News | DGAP News Service |
|
1302183 15.03.2022
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu PharmaSGPmehr Nachrichten
27.11.24 |
Ausblick: PharmaSGP legt Quartalsergebnis vor (finanzen.net) | |
25.11.24 |
EQS-DD: PharmaSGP Holding SE: FUTRUE GmbH, Kauf (EQS Group) | |
25.11.24 |
EQS-DD: PharmaSGP Holding SE: FUTRUE GmbH, buy (EQS Group) | |
14.11.24 |
EQS-News: PharmaSGP with strong revenues growth in 9M 2024 – revenues forecast for FY 2024 raised (EQS Group) | |
14.11.24 |
EQS-News: PharmaSGP mit kräftigem Umsatzwachstum in 9M 2024 – Erhöhung der Umsatzprognose für FY 2024 (EQS Group) | |
05.11.24 |
EQS-News: CEO-Wechsel bei der PharmaSGP Holding SE: Peter Gerckens folgt zum 01. Januar 2025 auf Natalie Weigand (EQS Group) | |
05.11.24 |
EQS-News: CEO change at PharmaSGP Holding SE: Peter Gerckens succeeds Natalie Weigand as of January 1, 2025 (EQS Group) | |
05.11.24 |
EQS-Adhoc: PharmaSGP Holding SE: Peter Gerckens succeeds Natalie Weigand as Chief Executive Officer (EQS Group) |