Rockwell Medical Projects Net Sales To Grow In The Mid-to-high Single Digits In 2025 And Beyond And Projects Gross Margin In 2025 To Be Approximately 20% And Reach Above 25% In 2026 And Beyond
Portfolio Pulse from Benzinga Newsdesk
Rockwell Medical forecasts its net sales to increase in the mid-to-high single digits by 2025, with a projected gross margin of around 20% in 2025 and exceeding 25% in 2026 and beyond.
March 21, 2024 | 10:11 am
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Rockwell Medical expects net sales growth in the mid-to-high single digits by 2025 and projects an increase in gross margin to around 20% in 2025 and above 25% in 2026 and beyond.
The positive outlook on sales growth and significant improvement in gross margins indicates a strong future financial performance for Rockwell Medical. This is likely to be viewed positively by investors, potentially leading to an increase in the stock price in the short term.
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