Fagron realizes turnover growth of 16.4%

Fagron realizes turnover growth of 16.4% 

Limited impact from COVID-19 pandemic 

Highlights

• Turnover increased by 16.4%¹ (+19.2% at constant exchange rates) to € 141.6 million
• Organic turnover growth of 9.2% at constant exchange rates
• Strong performance in all regions, in particular North and Latin America
• Impact of COVID-19 as yet limited and non-material
  
  • Fagron is fully operational in all markets where it is active
  • Virtually no disruption to supply chain
  • Temporary shift in demand for products
• Global uncertainty regarding impact of COVID-19 in 2020 requires cost control and disciplined capital allocation
• 2019 dividend proposal lowered to € 0.08 per share 

Full press release (ENG)