Chiesi 2023 revenue tops 3 billion euros
Privately-held Italian drugmaker Chiesi Farmaceutici today announced financial results for full-year 2023.
Chiesi said that sales increased to 3.03 billion euros ($3.23 billion), up 10% compared to 2022 (+12% at constant exchange rates [CER]), driven by the Rare business unit growth (65% at CER), and steady growth of all products in all its Regions
Earnings before interest, tax, depreciation and amortization (EBITDA) were up 8% at 893 million euros, and maintained 30% of sales for the fourth consecutive year.
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