Alliance Pharma (GB:APH) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Alliance Pharma PLC has reported a robust financial performance for the first half of 2024, with revenues rising to £84.8 million, a 2.8% increase from the previous year, and a steady gross profit growth of 8.1%. Key growth drivers included the Kelo-Cote franchise and a strong performance in the US market, despite a downturn in Nizoral and Amberen sales. The company’s strategic investments in marketing and innovation are expected to continue to deliver strong free cash flow and reduce net debt by year-end.
For further insights into GB:APH stock, check out TipRanks’ Stock Analysis page.