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Slovenia's Salus cons net profit rises 39.6% y/y in Q1

May 15, 2024, 11:28:19 AMArticle by Radomir Ralev
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May 15 (SeeNews) - Slovenian pharmaceutical products wholesaler Salus [LJE:SALR] has recorded a consolidated net profit of 3.9 million euro ($4.2 million) in the first quarter of 2024, up 39.6% from 2.8 million euro in the like period of last year, it said.

Slovenia's Salus cons net profit rises 39.6% y/y in Q1
Author: Salus. License: All rights reserved.

Consolidated net sales revenue went up by an annual 17% to 164.9 million euro in the three months through March 2024, Salus said in a filing with the Ljubljana Stock Exchange on Tuesday.

The group's operating profit increased to 18.6 million euro from 13.6 million euro in January-March 2023, while EBITDA totalled 6.8 million euro, up from 4.7 million euro in the like period of last year.

Ljubljana-based Salus is one of Slovenia's leading wholesalers of pharmaceutical and medical products.

($ = 0.92331 euro)

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