January 22, 2014 / 8:46 AM / 4 years ago

Stada says 2013 sales above 2 bln eur

FRANKFURT, Jan 22 (Reuters) - German generic drugmaker Stada Arzneimittel said on Wednesday it posted more than 2 billion euros ($2.71 billion) in sales last year, citing preliminary figures.

Based on Thomson Reuters data, analysts on average were expecting 2013 revenue of about 2 billion euros, up from 1.84 billion in 2012.

“Our activities in the two market regions of CIS/Eastern Europe as well as Asia & Pacific, and our Branded Products segment, contributed to the sales growth in particular,” the group said in a statement.

$1 = 0.7383 euros Reporting by Ludwig Burger

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