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Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Pharma/fine chemicals roundup—10 June 2014
12:20 AM MDT | June 10, 2014 | Deepti Ramesh
Johnson Matthey's fine chemicals business reports rise in sales Johnson Matthey's (London) fine chemicals business reports a 7.5% rise in sales for the company’s fiscal year, ended 31 March, compared with the previous fiscal year, to £371 million ($623 million). Underlying operating profits for the business increased 9.8%, to £84.1 million. During the fiscal year, the fine chemicals business performed steadily, and its return on sales improved by 1.2%, to 26.1%, benefiting from increased sales in the higher margin API manufacturing business...
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