Ibsen sees continued growth

Country

France

Ipsen SA expects to achieve its medium-term financial targets early, as sales of its speciality products continue to generate demand in both the US and Europe. The company reported strong growth in 2018 when group sales rose by 16.6% to €2.2 billion and operating profit advanced by 30.8% to €519.4 million.

“The momentum of the business is strong as we enter 2019 and are on track to deliver our 2020 financial targets to exceed €2.5 billion in sales and 30% margins, one year earlier,” David Meek, the chief executive, said in a statement on 14 February.