Ascendis Health

FY18 Results and Strategy Media Release

ASCENDIS PROFIT UP 18% ON STRONG INTERNATIONAL GROWTH New strategy to focus on pharma and consumer healthcare sectors

September 25, 2018

ASCENDIS PROFIT UP 18% ON STRONG INTERNATIONAL GROWTH New strategy to focus on pharma and consumer healthcare sectors 25 September 2018 Johannesburg – Ascendis Health, the South African-based international health and wellness company, increased normalised operating profit by 18% to R1.2 billion in the year to June 2018 as revenue grew by 21% to R7.7 […]

ASCENDIS PLANS TO SELL NON-CORE ASSETS IN SOUTH AFRICA

Johannesburg – Ascendis Health, the South African-based international healthcare company, today announced the planned disposal of smaller local non-core businesses as part of a strategic business review.

June 25, 2018

MEDIA RELEASE – 25 June 2018 The strategic review, initiated by new CEO Thomas Thomsen on his appointment in March this year, is aimed at creating a sustainable market position for Ascendis, accelerating organic growth, improving cash generation and enhancing profitability. The outcome of the strategic review and the new strategic focus of Ascendis will […]

ASCENDIS HEALTH FIRST HEALTHCARE COMPANY TO LIST ON A2X MARKETS

Ascendis Health is the first healthcare company in South Africa to secure a secondary listing on the A2X Markets (A2X) stock exchange.

May 24, 2018

Ascendis Health CEO Thomas Thomsen said: “Ascendis Health is pleased to complement its primary listing on the JSE with a new and secondary listing on A2X. This will offer investors the option to now trade Ascendis Health shares on either the JSE or A2X.” A2X is a licensed stock exchange which began trading in October […]

ASCENDIS PROFIT UP 28% AS HALF YEAR REVENUE TOPS R4 BILLION

57% of earnings generated outside South Africa

March 2, 2018

MEDIA RELEASE 1 March 2018 Johannesburg – Ascendis Health today reported a 27% increase in revenue to R4 billion for the six months to December 2017, driven by the strong performance of the group’s international operations which grew revenue by 50% to R1.9 billion. The health and care brands group increased operating profit for the […]

ASCENDIS HEALTH APPOINTS THOMAS THOMSEN AS NEW CHIEF EXECUTIVE

Johannesburg – JSE-listed health and care group Ascendis Health today announced the appointment of Thomas Thomsen as chief executive officer with effect from 1 March 2018.

February 27, 2018

MEDIA RELEASE 27 February 2018 Johannesburg – JSE-listed health and care group Ascendis Health today announced the appointment of Thomas Thomsen as chief executive officer with effect from 1 March 2018. London-based Thomsen (48) is currently the chief operating officer of Ascendis. He will succeed Dr Karsten Wellner (57) who has been the CEO of […]