Gedeon Richter Stock Surges on Strong Q2 Performance
Gedeon Richter PLC's stock price has seen a slight increase to EUR 33.67 as of September 30, 2026, at 7:55 a.m. CEST, up 0.09 percent from the prior close of EUR 33.64 on September 29, 2026. According to the company's Q2 2026 earnings call, the key takeaway is the stronger operating performance in the first half of 2026, despite foreign exchange pressure on reported figures.
The clean EBIT rose by 21 percent, while constant currency revenue growth reached 8.7 percent in H1 2026. This distinction is important as the company relies on operating leverage to offset currency effects. Reported revenue stood at HUF 151.8 billion in H1 2026, representing a 3 percent increase.
The pharma guidance has been upgraded to double-digit growth on a constant currency basis for 2026, according to Yahoo Finance. This change is linked to the performance of VRAYLAR, efficiency programs, and improved profitability in the remaining businesses.