Noweda eG Results
- Sales of the German drug wholesale group Noweda eG went up 7.5% inthe year ending June 30, 1997, to 2.1 billion Deutschemarks ($1.19 billion), compared with market growth of 2.9%. Pretax profits fell back from 27.2 million marks to 22.9 million marks, but post-tax earnings rose 8% to 9.6 million marks. Additionally, the company has increased its stake in the Andreae-Noris Zahn AG group to 24.9%.
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