Bluepharma won the PME Excelência award

The status of PME Excelência 2011 awarded by the IAPMEI – National Institute of Small and Medium Enterprises and Innovation - in partnership with the major Portuguese banks is granted based on rating notations and strict economic and financial criteria.

To be awarded, one must meet the following requirements:

• Be at the first 2 rating leves (AAA or AA) based on 2010’s Annual Report
• Meet the following financial criteria, supported on the 2010 financial statements:
  • Financial autonomy (Equity/Assets) >= 35%;
  • Growth in turnover >= 5%;
  • Return on equity (Net results/ Equity)>= 10%
  • Return on assets (Net results / Equity)>= 3%

Only a small number of Small and Medium Enterprises receive this award.