Grindeks Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2018; Provides Group Earnings Guidance for the Full Year of Fiscal 2019
For the year, the company reported net sales of EUR 145,477,001 against EUR 132,410,851 a year ago. Loss was EUR 10,028,423 against profit of EUR 9,968,435 a year ago. Loss per share was EUR 1.05 per share against EPS of EUR 1.04 per share a year ago.
The company provided group earnings guidance for the full year of fiscal 2019. The company expected increase in turnover of the group by at least 12% in 2019.