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Ascendis posts healthier margins after acquisitions

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Health and wellness group, Ascendis Health released its full-year results on Tuesday boasting a 35% increase in international revenue while the South African operations saw revenue growth of 10%, normalised operating profit has increased by 18% while normalised headline earnings is up 14% - the healthier set of numbers has mainly been driven by recent acquisitions. The group has announced that it will make changes to its operating model in terms of the geographic structure and has identified Pharma and Consumer healthcare as their new core focus areas. The company's CEO, Thomas Thomsen joined Business Day TV to discuss the finer detail behind the numbers.
25 Sep 2018 4PM English South Africa Business · Business News

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