Starnberg, 08 July 2024 - The Aenova Group has published its annual report for 2023, which reflects the most successful business year in the history of the Aenova Group. The financial results are very strong, as the key figures for 2023 showcases at a glance:

• EUR 137 million adj. EBITDA
• EUR 166 million new business wins
• EUR 833 million revenue (pro forma)

For Aenova, the year 2023 was a record year in many respects. Revenue grew by 17% to EUR 833 m and EBITDA surged to a record level of EUR 137 m. New wins rose by 95% to EUR 166 m compared to previous year. Major new wins include originator products and a high-volume GLP-1 receptor agonist, demonstrating Aenova's strategic focus on innovative and high-potential drugs.

The strategy of expanding capacities and upgrading the machine park in the established products’ business, while building differentiated technology platforms and commercializing the development projects of first-to-market generics as well as NCEs has outperformed the expectations.

The outlook for the current year and the coming years is also extremely promising. With the specific focus on expanding existing technology platforms, plus the launch of new platforms, including organic spray drying, large molecule fill and finish, hot melt extrusion, low-dose capsule filling and the launch of a large-volume OTC and nutraceutical gummy platform, Aenova is positioned very well for further growth in 2024 and beyond.

The Aenova Annual Report 2023 is available here.