Almirall shares soar after impressive six months
Spanish dermatology specialist Almirall (BME: ALM) was trading 4% higher at the end of Monday’s trading day in Barcelona.
Almirall earlier announced its financial results from the first half of 2024, delivering strong sales growth in the second quarter of the year, which was mainly driven by the dermatology business in Europe.
Total net sales for the six-month period increased by 6.7% to a total of 497.2 million euros ($541.2 million), while earnings before interest, taxes, depreciation and amortization (EBITDA) were 104.5 million, a rise of 3.2%.
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