bullish
Alfresa Holdings (2784 JP): Looking Ahead Through 2022–25 Mid-Term Management Plan
398 Views25 Jun 2022 19:02
SUMMARY
- Alfresa Holdings (2784 JP) reported revenue decline in FY21. Apart from market wide negative impact of COVID-19 and drug price revision, suspended qualification for public bidding tenders affected the company.
- In FY22, the company is expected to be back to its growth path with less impact of bidding suspension and increasing focus on high growth areas.
- According to its 2022–2024 mid-term management plan, Alfresa targets to achieve a revenue of ¥2.7 trillion and operating income margin of 1.5% or higher by FY25.
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Tina Banerjee
Global Healthcare Analyst
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