PS

Polska Grupa Farmaceutyczna S.A.

www.pgf.com.pl link_icon

Overview


Polska Grupa Farmaceutyczna S.A. (PGF), operating under the parent company Pelion S.A., is a prominent pharmaceutical distributor based in Poland, with significant operations in Lithuania and the United Kingdom. Established in 1990, PGF is recognized for its modern infrastructure and extensive distribution network that supplies a wide range of pharmaceutical products, including drugs, cosmetics, medical equipment, herbs, and biotechnology items, to pharmacies, healthcare institutions, and patients.

Business Operations


PGF operates within the healthcare sector as a distributor and, through Pelion S.A., spans various market segments such as wholesale, retail, and hospital sales. The company manages an inventory of over 20,000 products, reaching nearly 10,000 pharmacies and working with approximately 700 suppliers. Pelion S.A. also oversees other subsidiaries like Pharmapoint Sp. z o.o. (pre-wholesale activities), PGF Urtica Sp. z o.o. (hospital supplies), CEPD N.V. (retail operations), and Pharmalink Sp. z o.o. (manufacturer services).

Financial Performance


In 2023, PGF reported an 11.62% increase in operating revenue, along with significant rises in operating profit (EBIT) and EBITDA of 20.68% and 19.92%, respectively. However, there was a decrease in net profit by 29.96%, and a decline in the net profit margin by 0.06%. Total assets grew by 8.72%, but total equity fell by 16.57%. Pelion S.A.'s estimated annual revenue stands at $22.7 million, supported by a workforce of 113 employees, showing an 8% growth in employee numbers over the past year.

Leadership


Magdalena Tomaszewska, the CEO of PGF, guides the company’s strategic vision, focusing on strengthening its market position through strategic partnerships and improving operational efficiency. Her leadership emphasizes high-quality pharmaceutical distribution services, supported by her extensive experience with global manufacturers like Pfizer and Novartis.

Strategic Initiatives and Industry Position


PGF is committed to industry collaborations and sustainability, marking its participation in the UN Global Compact since December 2023. Strategic initiatives include enhancing operational capabilities, improving service quality, and pursuing technological advancements through projects like the HACKATHON "Hack na Zdrowie."

Competitive Landscape


Pelion S.A. faces competition from several key players, including:
  • Medicover Integrated Clinical Services with $23.3 million in revenue.

  • Sandoz Polska, generating $80.6 million, with a 31% growth rate.

  • DOZ S.A., reporting a significant $231.2 million in revenue. DOZ S.A. has strengthened its market leadership by acquiring pharmacies from PGF, thereby expanding its retail footprint and potentially offsetting competition from Pelion S.A.


Strategic Developments


Pelion S.A. must navigate a dynamic competitive landscape, focusing on strategic adjustments to maintain and expand its market leadership. Acquisitions like DOZ S.A.'s influence the market dynamics, suggesting a need for Pelion S.A. to enhance its competitive strategies and explore opportunities for growth and collaboration within the sector.

For more information, visit the official [Pelion S.A. website](https://www.pelion.eu) and follow them on their social media platforms for the latest updates.