The chain saw sales up in the fourth quarter, after having posted decline in January-September compared with the year-ago period, as the number of pharmacies was lower.
Belladonna budgeted a 5% increase in sales to RON230 million in 2017.
“Belladonna pharmacies continued their strategy to improve efficiency in the final quarter of 2016. A Belladonna pharmacy saw 3.8% growth on average in 2016 compared with 2015,” said Anton Aldea, chief executive of the Belladonna pharmacy chain.
Belladonna is not among the top five retail pharmacy networks by number of stores, but is an important actor on the Bucharest market, where most of its pharmacies operate. (EUR1=RON4.5024)
(English version by Loredana Fratila-Cristescu)