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Recordati sees 2014 sales over 1 bln euros as 2013 profit rises
February 11, 2014 / 11:21 AM / 4 years ago

Recordati sees 2014 sales over 1 bln euros as 2013 profit rises

MILAN, Feb 11 (Reuters) - Italian pharmaceutical group Recordati said on Tuesday 2013 net profit rose 12.8 pct to 133.7 million euros ($182.5 million).

The company said it expected sales of more than 1 billion euros and net income of more than 150 million euros for 2014.

It forecast revenues between 1.05 and 1.1 billion euros in 2015, with net income as a percentage of sales in line with that expected for 2014. ($1 = 0.7327 euros) (Reporting by Isla Binnie; editing by Francesca Landini)

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