Aspen Pharmacare reports 22% rise in normalised earnings

  • Aspen Pharmacare reported higher normalised earnings for the year ended June 30.
  • 801.5 cents was the company’s normalised HEPS, up from 659.2 cents.
  • Commercial pharmaceuticals was the main growth driver during the reporting period.

South Africa’s Aspen Pharmacare reported a 22% increase in normalised earnings, driven mainly by strong momentum in its commercial pharmaceuticals unit. Normalised headline earnings per share (HEPS), a company profit measure excluding certain items, rose to 801.5 cents in the year ended June 30 from 659.2 cents a year earlier. On a constant exchange-rate basis, HEPS increased 28%.

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