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4-Traders Homepage  >  Equities  >  Nyse  >  Abbott Laboratories    ABT

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Abbott Laboratories : Kahira Pharmaceuticals to produce Brufen for Abbott

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05/23/2017 | 01:30am CEST

Cairo - Mubasher: Kahira Pharmaceuticals said that Abbott Laboratories has supplied a new assembly line to produce Brufen syrup at its own cost.

The company said in a statement to the Egyptian Exchange (EGX) on Monday that the product will be sold to Abbott for a margin of the profits, noting that production and selling will be as per the demand of Abbott.

Kahira Pharmaceuticals targets an increase in net profits by 17% in the preliminary budget for fiscal year 2016-2017.

Source : Mubasher

(c) All Rights Reserved - Mubasher Info 2005 - 2017 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2017 26 370 M
EBIT 2017 5 716 M
Net income 2017 2 939 M
Debt 2017 16 513 M
Yield 2017 2,50%
P/E ratio 2017 25,24
P/E ratio 2018 20,30
EV / Sales 2017 3,47x
EV / Sales 2018 3,22x
Capitalization 74 894 M
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 48,1 $
Spread / Average Target 11%
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Miles D. White Chairman & Chief Executive Officer
Brian B. Yoor Chief Financial Officer & Executive VP-Finance
Roxanne Schuh Austin Independent Director
Jim Farrell Independent Director
Samuel C. Scott Independent Director
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