Natraceutical's 2006 net profit up 20%
Spanish biotechnology firm Natraceutical posted a full-year 2006 net profit of 4.5 million euros ($5.9 million), up 20% on the year before. The result is below target largely because some products and margins fell below expectations. The company is currently refocusing on profitable products, while net income was also affected by the acquisition of Forte Pharma last November. The firm's sales reached 90.7 million euros, almost double that in 2005.
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