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Moberg Derma Profitable Already 2012



3/13/2012 7:04:06 AM

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

The Board of Moberg Derma AB (STO:MOB) assessed that the company has the potential to show profitability already full-year 2012 based on continued positive development and revenue growth. Moberg Derma therefore updates its financial goals. Its short-term goal of operative profit and cash flow for the full-year 2013 is omitted, since it is assessed that profitability can be achieved already 2012. The long term (3-5 years) financial goal remains - to achieve an operating margin before depreciation and amortization (operating profit as a percentage of sales) of 25% with continued strong growth.

Read at BioSpace.com


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