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Krka Targets Sales Growth Under New Five-Year Plan – With EBITDA Margin To Regress

Slovenian Firm Wants More Vertical Integration, Boosts Activity In China

 
• By Dean Rudge

Presenting nine-month financial results, Krka disclosed a new slate of strategic objectives stretching out until 2028 – including a tacit admission that its current EBITDA margin may not be sustainable.

strategy concept - hands holding back-lit blue puzzle pieces coming together
• Source: Shutterstock

Growing sales volumes and value by at least 5%, averaging an EBITDA margin of at least 25%, and strengthening the company’s vertically integrated business model are among the strategic objectives laid out by Slovenian firm Krka under a new five-year business plan extending to 2028.

Presenting financial results for the first nine months of 2023 alongside these targets, Krka revealed group sales ahead by 8% to €1.33bn ($1.66bn), bolstered by the introduction of generic Forxiga (dapagliflozin) in more European markets

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