The Slovenia Times

Drug maker Krka posts EUR 153m net profit for 2017, up 41% Y/Y


Group operating profit (EBIT) rose 62% to EUR 198.7m and profit before tax, depreciation and amortisation (EBITDA) was up 34% to EUR 306.6m.

The core company posted sales of EUR 1.2bn, up almost 12%, whereas net profit rose nearly 50% to EUR 153.7m.

Krka generated 93% of sales abroad, with its largest region Eastern Europe, which accounts for almost a third of overall sales, growing at a rate of 17%. Sales recovered in particular in Russia, where they grew by a fifth.

In Central Europe, which contributed 24% to overall revenue, sales figures rose by 6%.

In Western Europe, which accounts for 22.6% of Krka sales, revenue was almost flat, mostly due to a 13% decline in Germany.

Prescription drugs remain the strongest segment, contributing almost 83% to the total sales.


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