ALK-Abello share price up on positive third quarter results

12 November 2015

Danish allergy specialist ALK-Abello reported its third quarter 2015 financial results, showing positive growth and pushing the share price up 2%.

Third-quarter revenue including partner income grew to 667 million Danish kroner ($95.9 million), up 24% from the same period last year. In the base business alone, the quarterly revenue grew 1% in local currencies to 534 million kroner.

Earnings before interest, tax, depreciation and amortization (EBITDA) before special items stood at 171 million kroner.

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