Newly public Euroapi, Sanofi’s standalone active pharmaceutical ingredient manufacturing business, has disclosed its 2022 annual financial targets, including net sales of roughly €1bn ($1.01bn) alongside a core EBITDA margin of at least 14%, as part of its first offering of financial results as an independent company.
Newly Independent Euroapi Targets €1bn Revenues In 2022
French API ‘Powerhouse’ Was Carved Out Of Sanofi In May
Euroapi says it will keep a close eye on challenging market conditions in 2022 as it as announced its first set of financial results and forecasts after separating from Sanofi.
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