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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by trivelaon Mar 01, 2017 11:51am
92 Views
Post# 25912590

RE:My only concerns for growth in the coming quarters

RE:My only concerns for growth in the coming quarters
"England is not a part of the EU anymore" Calm down, they have not even started formal proceedings! The UK is still very much part of the EU, and will remain so for probably some two more years, at the least. Concerning your other comments: the UK National Health Service is in very bad shape, as Government cuts spending. For instance, according to the Health Consumer Powerhouse, a consumer organization based in Sweden that publishes the Euro Health Consumer Index, in 2016 the UK health system was the 15th best out a total of 35 European countries, just ahead of Slovenia but behind Portugal and the Czech Republic. And here is the problem: too much dependency on the UK domestic market, and logically, the value of the GBP. It would be nice to see a significant expansion of sales in the so-called ROW (rest of the world), i.e., excluding the US and the UK: sales to ROW amounted to only 20% of total sales in the latest quarter. They really need to diversify faster into other geographies.
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