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Market Impact: 0.35
South African drugmaker Aspen's earnings rise 22%
Source: reuters.com
Corporate EarningsCompany FundamentalsCorporate Guidance & Outlook
Aspen Pharmacare reported a 22% rise in normalised earnings, driven primarily by strong momentum in its commercial pharmaceuticals unit. The earnings growth suggests improving underlying demand/operating performance in the period. Impact is likely most meaningful for the company/sector rather than the broader market.
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