Italian pharmaceutical firm Recordati's 9-month profit leaps 11.8%
Nov 8 (Reuters) -Italian drug maker Recordati RECI.MI posted on Friday a 11.8% jump in its nine-month core profit (EBITDA) boosted by strong business momentum in both specialty and primary care and rare diseases segments.
The Milan-based company January-September core profit totalled 665.7 million euros ($717.69 million), while its revenue stood at 1.74 billion euros, up 12% year-on-year.
Recordati also confirmed its 2024 guidance hiked last July.
The pharmaceutical firm pledged the distribution of an interim dividend of 0.60 euros per share.
($1 = 0.9276 euros)
Reporting by Romolo Tosiani; Editing by Tomasz Janowski
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