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Irish Pharmacy News

The Abacus Medicine Group overcame challenging markets affected by COVID-19 to record high revenue growth

Robyn Maginnis by Robyn Maginnis
23 March 2022
in Features, Latest
0
The Abacus Medicine Group overcame challenging markets affected by COVID-19 to record high revenue growth

The Abacus Medicine Group faced challenging market conditions in 2021 as millions of
treatments were postponed due to COVID-19. Today, the Group announces revenue growth
of 42% to EUR 941 million. Organic growth was 19%, when adjusted for the effect of the
Pluripharm business being included in the numbers with 12 months in 2021 against 5
months in 2020. EBITDA of EUR 16.6 million was a also new record for the company.

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