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Stada Sales Increase By 18% In 2020 To Break Through €3bn Barrier

In-Licensing Deals And Acquisitions Help Push Up Group Turnover

 
• By Dean Rudge

Stada enjoyed double-digit growth for revenues and profitability when adjusted for currency and one-time costs last year, as the privately-owned German firm championed its supply chain investments amid the coronavirus pandemic.

Business teamwork puzzle pieces.
Sales rose by 15% as reported, while EBIT declined by 16% on the same basis, as Stada completed a range of deals in 2020. • Source: Shutterstock

Seven acquisitions and more than 80 in-licensing transactions closed during 2020 helped privately-held Stada to last year increase revenues, adjusted for currency effects, by 18% to €3.01bn ($3.59bn), “well ahead of a stagnating market,” as the German company’s adjusted earnings before interest and tax rose by 16% to €595m.

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