Zentiva falls 15.8 pct after weak profit forecast

30.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Shares in Czech generic drugmaker Zentiva fell nearly 16 percent on Tuesday after the company forecast a sharper-than-expected 32 percent drop...

...in nine-month net profit.

The stock lost 14.6 percent to 1,004 crowns at the opening. By 0832 GMT, it traded 15.8 percent lower at 990 crowns from Monday's close of 1,176 crowns.

The company, 25 percent owned by France's Sanofi-Aventis , forecast nine-month net income of 1.06 billion crowns ($56.77 million) on net sales of 11.13 billion crowns, compared with 1.55 billion profit and 9.87 billion sales a year ago.

[PRAGUE/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK