BERLIN (dpa-AFX) - German drug distributor Celesio AG (CAKFF.PK) generated 22.325 billion euros of group revenue in fiscal 2014, a 4.3% improvement year-on-year. When adjusted for currency effects, revenue went up by 4.2%. Most business units, mainly wholesale in Germany, in the UK, in Norway and in Denmark, as well as the retail pharmacy business in the UK and in Norway were able to increase revenue significantly or at least within the expectations.
Division-wise, the retail pharmacy business, Consumer Solutions', revenue rose by 7.8% to 3.68 billion euros from 3.41 billion euros last year. Adjusting for currency effects, revenue went up by 5.5%.
Revenue in the Pharmacy Solutions division, the wholesale business, increased by 3.6% to 18.65 billion euros. After adjustments for currency effects, revenue grew by 4.0%.
Copyright RTT News/dpa-AFX