In 2016 NEUCA has made PLN 111.1 million net profit excluding the non-recurring items, by 9% more compared with the previous year. At the gross profit level excluding the non-recurring items the Company has made nearly PLN 140.2 million and noted a growth by 15% compared with the same period last year. NEUCA has made the 101% of the financial result's forecast that was PLN 110 million net profit excluding the non-recurring items.

The improving results influence the higher dividend. From the last year's profit the Board recommends to pay PLN 5.75 per share, by 15% more compared with the previous year, and the value of the dividend is to reach PLN 26.8 million. Moreover NEUCA conducts the buy-back and may spend as much as PLN 40.5 million.

In 2016 the Group noted the revenues at the level of PLN 7.08 billion, by nearly 2% more compared with the previous year. In the fourth quarter alone, the revenues reached PLN 1.85 billion, a growth by nearly 8%. At the same time NEUCA strengthened the strong leader's position on the pharmaceuticals wholesale market with 29.8% market shares in December 2016.

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Neuca SA published this content on 16 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 March 2017 12:51:17 UTC.

Original documenthttps://neuca.pl/en/news-single/733/neuca-strengthens-the-market-position-and-increases-the-profit-and-the-dividend?lastCategory=all

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