Stada Arz sees strong growth momentum in 2018

19 March 2019

German generics major Stada Arzneimittel (SAZ: Xetra) has posted results for full-year 2018, showing strong growth momentum for the company.

Group sales increased 1% to 2.33 billion euros ($2.64 billion). Sales of Stada Vietnam JV were no longer included in the 2018 figures. Allowing for this, group sales rose 5%.

Key growth drivers of generics sales were Belgium, Italy and Germany and the consumer health had strong momentum in the UK and Germany.

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