Leave the blockbusters to big pharma: Ipsen's 'opportunistic' approach to M&A paying dividends
With 2017 sales growth at 21.5% and shares in the company up 96% since the beginning of last year, everything is going right for Ipsen (Euronext: IPN) at the moment.
The French drugmaker also reported core operating margin as a percentage of net sales was at a healthy 26.4% in presenting its annual results last week, when buoyant predictions were also made for the year ahead.
Ipsen estimated that group sales will grow by at least 16%, and predicted that core operating margin will be more than 28% of net sales.
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