Second delay in Ascendis results announcement is bitter pill

2019-10-02 21:00

Healthcare company Ascendis Health's share price dropped over 7% on Wednesday after it delayed the announcement of its annual results for the second time.

Three new board members announced at Ascendis Health

2019-05-03 19:05

Through a Sens announcement, Ascendis announced that John A Bester retired from the board as chair and independent non-executive director and would be replaced by Andrew Marshall.

Ascendis Health sells SA manufacturing plant for R130m

2018-12-20 18:01

Ascendis Health has concluded a sale agreement of its pharmaceutical manufacturing facility in Isando to an international pharmaceutical company for R130m.

Ascendis to sell non-core assets, denies Matjila payments

2018-06-25 12:57

Ascendis Health says it is selling its non-core businesses as part of a strategy to boost profitability.

Ascendis half year revenue sails past R4bn on back of intl businesses

2018-03-01 17:35

Health and care brands group Ascendis Health has reported a 27% increase in revenue to R4bn for the six months to December 2017.

Ascendis earnings up 92% on strong international growth

2017-09-12 16:42

Ascendis Health has reported growth in normalised headline earnings of 92% on increased international sales following the completion of acquisitions in Europe.

Ascendis CEO reveals health firm's cocktail for success

2017-03-08 20:03

Ascendis Health wants to make its business a proper empire and follows a different approach to SA, Africa and Europe in order to reach this goal, says the CEO.

Ascendis' strength lies in diversification - CEO

2016-09-16 17:36

The strength of the business of Ascendis Health lies in its diversification from a customer point of view - and from a product point of view, it makes the business resilient.

Ascendis Health concludes R7.3bn acquisitions

2016-08-26 14:46

Health and care brands company Ascendis Health has completed all conditions pertaining to the R7.3bn acquisitions of two European companies.

Ascendis expands with R7.3bn euro buys

2016-07-12 15:38

Ascendis Health is continuing its international growth strategy with the acquisition of two major European health and care businesses for a total of R7.3bn.


Ascendis Health shares drop a day after firing CEO

2019-05-24 22:52

In a brief update to shareholders late on Thursday, the group's board said its CEO Thomas Thomsen's contract had been terminated.

Weak domestic performance is bad medicine for Ascendis Health

2019-03-18 15:52

South African-based international health and wellness business Ascendis Health [JSE:ASC] on Monday saw its share price drop by over 4% after reporting a 3% increase in revenue to R4bn for the six months to December 2018.

Ascendis Health posts strong international growth

2018-09-25 14:05

The JSE-listed health and wellness company announced a 35% increase in international revenue in its latest annual financial results.

Ascendis Health first healthcare listing on A2X

2018-05-30 18:27

Multinational health and care brands company Ascendis Health has become the first healthcare company to list on A2X Markets.

Results of Ascendis R750m rights offer

2017-12-19 10:22

The proceeds of a rights offer by Ascendis Health will be used to settle €50m of the deferred vendor consideration payment owed to the sellers of Remedica Holdings.

Ascendis Health gets ball rolling in Europe

2017-06-05 13:35

Ascendis Health has finalised a number of European acquisitions in recent months which are expected to boost profit margins in 2018.

Cipla to divest 100% stake in two companies

2017-03-05 15:00

Global pharmaceutical company Cipla announced on Sunday that it has agreed to divest its 100% stake in Cipla Agrimed SA and Cipla Vet SA to Ascendis Health.

Ascendis posts 39% revenue rise

2016-09-14 15:16

Ascendis Health has increased revenue by 39% to R3.9bn in the year to end-June 2016, with normalised headline earnings rising by 37% to R336m.

Ascendis Health rights offer oversubscribed

2016-08-08 11:25

Ascendis Health says its R1.2bn rights issue, which closed last week, has been more than three times oversubscribed.

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