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Stada Boosted By Consumer And Specialty Growth

As Generics Business Also Delivers Solid Improvement In 2022

 
• By Dave Wallace

Stada has celebrated “growing faster than the markets in which it operates” after delivering a 2022 performance that saw the firm’s earnings lifted in particular by increases in its consumer healthcare and specialty segments.

Three Arrows Pointing Up
Stada saw growth across all three business units in 2022 • Source: Shutterstock

Stada has delivered a solid performance in 2022 that has seen the German generics giant’s financials lifted in particular by a consumer healthcare segment that has now become the largest of the firm’s three business segments.

“With a 17% increase in adjusted sales to €1.62bn, Consumer Healthcare became Stada’s largest business unit in 2022, accounting for 43% of group turnover,” the company reported, citing “a combination of organic growth and the successful integration of recent acquisitions” as driving a “strong performance, well ahead of market averages

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