Germany and Serbia weaken Stada's six-month performance
This article was originally published in Scrip
Executive Summary
Stada's domestic sales fell by 8% to €260 million in the first six months of this year, while those in Serbia, the company's seventh largest individual market, fell by 21% to €36 million. The decline was partially offset by the 24% growth of sales to €97 million in Russia, its second most important national market.