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06.07.2007

Krka H1 2007 group sales up by 14 pct

Slovenian pharmaceutical company Krka (KRKG.LJ: Quote, Profile, Research) said on Thursday group sales for the first half of 2007 rose 14 percent to 392 million euros ($534.9 million).

The biggest sales growth was recorded in Hungary, Romania, the Czech Republic and Ukraine, the company said in a statement. Sales in Russia, which is Krka's largest market, were unchanged due to a cut in Russian state spending for pharmaceuticals.

Parent company sales rose 13 percent to 344 million euros. Krka said half-year profit figures will be announced on August 2.


 


Source:  reuters.com

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