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Sport Roche Result Belasted by the strong Swiss franc - Roche share in the minus

15:35  22 july  2021
15:35  22 july  2021 Source:   finanzen.net

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of the Pharmaconzern Roche has benefited from a robust demand for new drugs and Covid-19 tests in the first half of the year.

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The persistently high demand for Corona tests has given the Swiss pharmaconzer Roche in the first half-year tailwind. The pharmaceutical business also went back to growth for growth after a weak first quarter, which was shaped by the measures to curb the pandemic. "We've achieved good results in the first half of the year, especially thanks to the demand for our new drugs and Covid-19 tests," Treated Board Schef Severin Schwan on Thursday Balance. Roche put in the period with the tests alone 2.5 billion francs. The highlight of the demand is likely to have been achieved in the second quarter. In the second half of the year, Swan expects a decline. "Of course, if this depends on the further course of the pandemic and remain significant uncertainties."

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The brand known especially for its cancer therapies from Basel is also the world's largest provider of devices, procedures and consumables to determine diseases. Last year, the mostly in the shadow of the significantly larger pharmaceutical business, diagnostic divisions moved to the limelight thanks to its corona tests. In the first half of 2021, it had a currency-adjusted sales increase of 51 percent, while sales in the pharmaceutical business fell by three percent. However, in the second quarter, there was again a sales plan of four percent to beech after a decline of nine percent in the first quarter of the year. Roche benefited from a significant growth in new drugs of 30 percent in the first half of the year, which undertaken the burdens of persistent competition by inheritance medicines. In business with cancers, the Group has not yet returned to the level in front of the pandemic.

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A total of sales in the first half of the year climbed five percent to 30.7 billion Swiss francs, at constant exchange rates was an increase of eight percent. The company expects better than analysts. But on the stock market Roche could not score, but the Share certificates lost a good two percent.

The consolidated profit fell by three percent to 8.2 billion Swiss francs because of the strong franc, he rose by two percent in currency-adjusted. His annual targets reaffirmed Roche and unchanged at constant exchange rates with a sales increase in low to medium-sized percentage range. The earnings adjusted for special factors per title is to grow in the same amount. In the first half of the year, he increased currency-adjusted by six percent to 10.56 francs.The Roche share currently loses 1.85 percent in SIX trading to 349.35 francs.

/ NAS / MISBASEL / FRANKFURT (DPA-AFX / REUTERS)

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