Ascendis Health (JSE: ASC) is a South African-based group with an impressive and profitable portfolio of market-leading health, medical, general care and pharmaceutical brands catering for people, plants and animals.
The group has been listed in the Healthcare sector of the Johannesburg Stock Exchange since 2013. Ascendis owns some of the most recognised health brands in South Africa, including Solal, Efekto, Pharmachem, Wonder, Surgical Innovations and Sportron, which are all ranked first in their respective market segments. Brands such as PharmaNatura, Nimue, Ascendis Sports Nutrition, Marltons and Ascendis Medical Devices are all number two in their markets.
Activities extend from sourcing of raw materials, to product development,manufacturing, marketing and consumer sales through wholesale, retail, pharmaceutical, hospital, public tenders, dispensing doctors and local and international direct selling channels.
Ascendis has a growing international presence, today exporting products to 52 countries, mainly in Africa and Europe. After the close of the 2015 financial year, the group made its first international acquisition with the purchase of 49% of Spanish pharmaceutical group Farmalider. Foreign revenue now contributes 21% of overall revenue.
The latest available financial data shows that operating profits are growing, with the year 2015 heradling profits of R 362 million. The stocks chart shows that Ascendis share prices have experienced remarkable gains over the past year, and the board is consistently paying generous dividends to shareholders.
Ascendis Health Shares Growth Driver
Ascendis’s growth has been driven by the exceptionally strong performance of most of the brands under their ownership, which in turn have been developed by acquisitive, organic and international growth strategies. The group has invested billions of rands worth of capital into new acquisitions, with the most recent of these including The Scientific Group, Arctic Healthcare and Respiratory Care Africa. With the weak Rand, revenue from overseas sources, along with the purchase of Farmalider, have also boosted profits.
In line with its history of rapid expansion, the group has said that it will continue to acquire international platform companies, whilst implementing cost efficiencies and driving product innovation.
Ascendis Health Group Investor Tip
Ascendis share prices have risen from under R15 in May 2015, to over R21 today, proving that the purchase of shares has yielded great returns for investors.
Despite being a new player in the healthcare market, Ascendis has maderemarkable gains under the custodianship of an ambitious and highly capable executive team who have triumphantly delivered on some big promises.
Ascendis is scouting out new opportunities in Australia and Europe, which will further diversify the company and bring in more revenue. Meanwhile, their established portfolio is littered with industry winners boasting growing customer bases and huge ability to exploit an ever-growing market.
This, along with a history of good dividends and stock market performance, should make Ascendis shares a very savvy buy in the current environment.
Ascendis Health Major Shareholders
Coast2Coast Holdings (Pty) Ltd. and Investec Ltd.
Biotech & Pharma
How to buy Ascendis Health Group Shares
Ascendis Health : How to buy Ascendis Health Group Shares Online
We have made it simple to buy JSE listed firm shares online. The easiest way to buy Ascendis HealthGroup shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Ascendis Health Holdings and assist you with the setup and management of your stock portfolio account.
Here are the steps you must follow to Buy / Purchase Ascendis Health Group shares with utmost confidence:
Start by Filling in the BUY THIS SHARE form.
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