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28 May 2015
28 May 2015

Sweden: Pharmacies and logistics - competitive advantage for Kronans Apotek

Kronans Apotek hopes that operating pharmacies as well as logistics business gives the company a competitive advantage when entering the market of supplying medicines to the county councils’ health care services.

The pharmacist Christian Vallentin who manages the business area Healthcare Customers & Companies at Kronans Apotek says the company decided in favour of this investment last year.

“This is a very interesting market, the borders between the medicines for inpatient and outpatient treatment are fading. Through operating both within outpatient and inpatient care we believe we have the best preconditions to be competitive.” The pharmacies and sister company in logistics make Kronans Apotek a strong partner in health care sector, and the company plans to be active in the upcoming procurements, promises Christian Vallentin.

Intelligence reporting by M-brain

Original article on Svensk Farmaci in Swedish language
23 April 2015
23 April 2015

Finland: Oriola-KD’s Q1/2015 results meet expectations

Oriola-KD has published its Q1/2015 results, reporting the operating profit before non-reoccurring items to amount to EUR 13.1 million. The equivalent figure last year was EUR 13.5 million.

Earnings per share were EUR 0.05, as in last year and net sales increased to EUR 411 million. Analysts had previously forecasted the net sales to reach EUR 397 million.

The company expects the 2015 net sales to remain on the same level as last year, at about EUR 1.61 billion. According to the company CEO Eero Hautaniemi, new agreements signed in 2014 generally increased Swedish wholesale business.

“The Swedish business grew and operating profit excluding non-recurring items remained at the previous year's level. Swedish retail business’ operating profit increased due to sales growth and good cost control, even though the new high-priced and low-margin specialty drugs decreased percent of gross margin", Hautaniemi says.

Intelligence reporting by Global Intelligence Alliance

Original article on Arvopaperi in Finnish language

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