Report
Adrian Skłodowski

Neuca - Strong 1Q19, above expectations; PLN 5.1m EBIT from new projects; better ‘19 outlook (positive)

Research prepared by PKO BP Securities
Underlying
Neuca SA

NEUCA is a wholesale distributor of pharmaceuticals in Poland. Co. distinguishes the following reporting operating segments: Pharmaceutical wholesale – core activities of the segment include wholesale of pharmaceutical products; Marketing services – core activities of the segment include marketing activities for entities from outside of the pharmaceutical market; Own brands – core activities of the segment include market launching of pharmaceutical products under Co.'s own brand; and IT services – core activities of the segment include IT operations.

Provider
PKO Bank Polski
PKO Bank Polski

Analysts
Adrian Skłodowski

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