Stada reports 50% net income decrease in Q3 2016 compared to same period last year

Stada has reported financial results for first nine months 2016. 

Reported EBITDA increased by 3 percent to Euro 289.1 million in the first nine months of 2016 (1-9/2015: Euro 281.2 million). Adjusted EBITDA recorded a plus of 2 percent to Euro 300.6 million in this period (1-9/2015: Euro 293.8 million).

In the third quarter of 2016, the reported EBITDA declined by 11 percent to Euro 88.4 million (Q3/2015: Euro 99.8 million). Adjusted EBITDA decreased by 6 percent to Euro 98.3 million in this period (Q3/2015: Euro 104.6 million).

In the first nine months of 2016, reported net income rose by 11 percent to Euro 100.3 million (1-9/2015: Euro 89.9 million). Adjusted net income increased by 10 percent to Euro 139.9 million (1-9/2015: Euro 126.9 million).

In the third quarter of 2016, the reported net income decreased by 50 percent to Euro 18.3 million (Q3/2015: Euro 36.3 million). Adjusted net incomeincreased by 4 percent to Euro 43.8 million in this period (Q3/2015: Euro 41.9 million).