Almirall up 4% as 1st-qtr results hint at better times

14 May 2018

Shares in Almirall (ALM: MC) closed nearly 4% up on Monday at around 10.60 euros after Spain’s biggest drugmaker revealed its quarterly results.

In the first quarter of 2018, revenue was in fact slightly down on the same period in 2017, at 202 million euros ($242 million), but the huge swing in net income reflected progress made at the Catalan company.

"We expect this positive sales momentum to further build through 2018"

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