Stada Hints At Further Deals To Come As It Posts Big Sales Rise

Germany's Stada posts 22% jump in first half sales thanks to recent deals and reveals that more acquisitions may soon follow.

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STADA Arzneimittel AG reported turnover at its Branded Products business up 22% to €632m ($747m) in the first half of 2020 as a series of consumer health acquisitions across Europe and Asia drove up sales. The German group hinted that further deals could follow, noting that it was continuing to look at a range of business development opportunities.

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