Celesio announced group earnings results for fiscal 2016. The company generated group revenue of EUR 21,414.2 million in fiscal 2016. Adjusted earnings before interest and taxes (EBIT) was EUR 426.6 million. EBIT adjusted for the special effects increased by 6.4% to EUR 426.6 million in fiscal year 2016.

In fiscal year 2017, on a constant currency basis and excluding disposals, the board expects revenue and adjusted earnings growth slightly above the market and considerably higher than fiscal year 2016. The disposal of Celesio's Norwegian and Swedish operations, and weakening British pound will weigh on the company's consolidated revenue and earnings. As a result, the Management Board expects revenue slightly below fiscal year 2016 and adjusted EBIT considerably below fiscal year 2016 for continued operations.