Who Optimizes SG&A Costs Better? Dr. Reddy's Laboratories Limited or Evotec SE

SG&A Cost Management: Dr. Reddy's vs. Evotec

__timestampDr. Reddy's Laboratories LimitedEvotec SE
Wednesday, January 1, 20143878300000017990000
Thursday, January 1, 20154258500000025166000
Friday, January 1, 20164570200000027013000
Sunday, January 1, 20174637200000042383000
Monday, January 1, 20184691000000057012000
Tuesday, January 1, 20194889000000066546000
Wednesday, January 1, 20205012900000077238000
Friday, January 1, 202154559000000105445000
Saturday, January 1, 202262081000000156190000
Sunday, January 1, 2023105931000000169610000
Monday, January 1, 202477201000000
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Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Dr. Reddy's Laboratories Limited and Evotec SE, two giants in the industry, have shown contrasting approaches over the past decade. From 2014 to 2023, Dr. Reddy's Laboratories consistently reported higher SG&A expenses, peaking in 2023 with a staggering 106% increase from 2014. In contrast, Evotec SE maintained a more modest growth, with expenses rising by approximately 843% over the same period. This stark difference highlights Dr. Reddy's aggressive expansion strategy, while Evotec's leaner approach suggests a focus on efficiency. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As the industry evolves, these strategies will play a pivotal role in shaping the financial health of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025