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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

Healthcare Biotechnology

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > GBP
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Post by d_trump on Jun 24, 2016 11:56am

GBP

there was an earlier post attempting to measure the impact of the falling GBP on CXR - and the calculation was based on GBP revenues.  Well I assume the vast majority of Amcos costs are also in GBP, so I believe the impact is much less than what this poster calculated.
Comment by wordless on Jun 24, 2016 12:07pm
Exactly... Lower GBP will lower USD denominated AMCO sales by say 11%, but the effect on AMCO profit will be much lower due to all the costs being in GBP.
Comment by adamchess on Jun 24, 2016 12:12pm
Also, check out wordless detailed post below - 5 starred. https://www.stockhouse.com/companies/bullboard/t.cxr/concordia-healthcare-corp/1?postid=24995777
Concordia Healthcare Corp.
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