Siegfried Reports Huge Rise in Profits Amid Expansions

Siegfried (Zofingen, Switzerland), a producer of active pharmaceutical ingredients (APIs), intermediates, and finished drugs, reported nearly a seven-fold increase in net profits in the first half of 2012 compared with the year-ago period, to SF13.2 million ($13.7 million). First-half sales increased 2.8%, to SF178.7 million. During the first half of 2012, Siegfried maintained revenue growth and increased profitability while progressing with the company strategy, and sales of drug products increased markedly after the launch of new drugs, the company says. The...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers