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DGAP-News: Medios AG achieves sales growth of almost 60 per cent in the first half of 2019, as forecast, and is optimistic for the full year

DGAP-News: Medios AG / Key word(s): Half Year Results/Forecast


Medios AG achieves sales growth of almost 60 per cent in the first half of 2019, as forecast, and is optimistic for the full year


02.08.2019 / 08:00



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Medios AG achieves sales growth of almost 60 per cent in the first half of 2019, as forecast, and is optimistic for the full year



Group sales in first half up 57.9 per cent to EUR 229 million




Management Board expects to reach at least upper end of 2019 sales forecast


Berlin, 2 August 2019 - Medios AG ('Medios'), one of the leading Specialty Pharma companies in Germany, has achieved a sales increase of almost 60 per cent in the first half of 2019, as forecast, and is optimistic for the full year. Accordingly, the Management Board now expects to reach at least the upper end of the forecasted sales target range. This amounts to EUR 430 to 440 million.

Matthias Gärtner, CFO of Medios AG: 'In the first six months of 2019, we grew dynamically due to the sustained high demand for patient-specific therapies. This development makes us optimistic for the full year. At the same time, we remain very confident that we will again improve profitability.'
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