Mon 01/24/2022 12:16 PM
Aenova Earnings Update:
Aenova’s earnings rebounded in November despite sales falling short of both budget and the prior year. As a result, the German contract development and manufacturing organization, or CDMO, managed to start generating cash and deleveraging again, sources told Reorg.
Sales came in at €60.3 million in November, which was behind the group’s €62.8 million budget and the €61.9 million it generated the same month the prior year, due to continued weakness in...
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