Medartis Holding AG: Medartis achieves solid full-year 2020 result and nominates new Chairman of the Board of Directors for election
PRESS RELEASE Medartis achieves solid full-year 2020 result and nominates new Chairman of the Board of Directors for election Basel, Switzerland, 10 March 2021 - Medartis Holding AG (SIX: MED) achieved sales growth of 9% in local currencies in the second half of 2020, driven by 13% growth in direct markets. Taking into consideration pandemic-related disruptions, Medartis has reached a solid full-year 2020 performance of 1% growth in local currencies, outperforming the market. The adjusted EBITDA margin increased to 16% compared to 15% year on year, thanks to cost discipline while continuing...
Source: marketscreener.com