stada arzneimittel ag (STDAF) Key Developments
Stada-Arzneimittel AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-19-2015 10:45 AM
Dec 16 14
Stada-Arzneimittel AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-19-2015 10:45 AM. Venue: Villa Kennedy, Kennedyallee 70, D-60596 Frankfurt, Germany. Speakers: Helmut Kraft, Chief Financial Officer and Member of Executive Board.
Stada-Arzneimittel AG Presents at Oddo Midcap Forum, Jan-08-2015 through Jan-09-2015
Dec 9 14
Stada-Arzneimittel AG Presents at Oddo Midcap Forum, Jan-08-2015 through Jan-09-2015. Venue: Lyon’s Convention Center, Lyon, France. Presentation Date(s): Jan-08-2015. Jan-09-2015.
Stada Reportedly Sells Storage Operations To DHL
Dec 8 14
Stada-Arzneimittel AG (DB:SAZ) has reportedly sold its storage operations to DHL International GmbH for an undisclosed price.
Stada-Arzneimittel AG Presents at 12th Berenberg European Conference, Dec-03-2014 11:45 AM
Nov 18 14
Stada-Arzneimittel AG Presents at 12th Berenberg European Conference, Dec-03-2014 11:45 AM. Venue: Pennyhill Park Hotel & Spa, London Road, Bagshot, Surrey GU19 5EU, United Kingdom. Speakers: Helmut Kraft, Chief Financial Officer and Member of Executive Board, Metzger , Vice President IR.
Stada-Arzneimittel Ag Reports Group Earnings Results for the Nine Months of 2014; Provides Earnings Guidance for the Full Year of 2014
Nov 13 14
Stada-Arzneimittel AG reported group earnings results for the nine months of 2014. For the period, group sales were EUR 1,482.7 million against EUR 1,426.2 million a year ago. Reported EBITDA was EUR 293.6 million against EUR 267.0 million a year ago. Adjusted EBITDA was EUR 316.2 million against EUR 283.5 million a year ago. Reported net income was EUR 99.1 million against EUR 90.2 million a year ago. Adjusted net income was EUR 136.1 million against EUR 100.3 million a year ago. Earnings per share were EUR 1.64 against EUR 1.52 a year ago. Adjusted earnings per share were EUR 2.25 against EUR 1.69 a year ago. This development was positively influenced by earnings in the amount of EUR 15.9 million before and approximately EUR 11 million after taxes resulting from a change in the defined benefit plan for the chairman of the executive board, which had been planned for a long time and implemented in August. The disproportionate increase in net profit can primarily be attributed to a substantial reduction of the effective tax rate as of the first quarter of 2014. This development results from a changed profit allocation in the STADA Group.
The company confirms the outlook for financial year 2014. According to this, the company expects slight growth in group sales, adjusted EBITDA and adjusted net income. For reasons of transparency, the adjustments as from 2014 include currency translation effects recorded in the income statement from the fluctuation of the Russian ruble as well as further significant currencies of the market region CIS /Eastern Europe and burdens from additional impairments and other measurement effects due to purchase price allocations as well as significant product acquisitions taking financial year 2013 as basis.