Industry insights and figures Manufacture of basic pharmaceutical products and pharmaceutical preparations

Operating margin
17.1 %
▼ -2.3pp
2020
Companies
252
2020
Vacancies (sector)
0.0%
2025-Q4 · sector C average

Key insights Manufacture of basic pharmaceutical products and pharmaceutical preparations

Actionable signals from current data
NL
Average operating result: 17.1% of revenue (2020).
Personnel costs: 15.8% of revenue (2020).
Number of companies: 252 (2020).

Sector outlook Manufacture of basic pharmaceutical products and pharmaceutical preparations

Automated analytical commentary based on the most recent Eurostat figures

Industry overview

The Manufacture of basic pharmaceutical products and pharmaceutical preparations sector across Netherlands comprises approximately 252 enterprises employing about 14,471 people and generating €7.3 bn in net turnover in 2020. The average enterprise size is – employees per firm. This is a useful yardstick when assessing whether your own operation sits within the typical scale band of the sector.

Profitability

With a robust operating margin of 17.1% of revenue in 2020, the sector reports €1.3 bn of gross operating surplus (Eurostat's EBITDA-equivalent, before depreciation). This figure provides the headline benchmark against which an individual operator can sanity-check their own bottom line, values significantly below indicate cost or pricing pressure, those above suggest competitive advantage worth defending.

Cost structure

The Manufacture of basic pharmaceutical products and pharmaceutical preparations cost mix is reasonably balanced: cost of revenue at 68.9%, personnel at 15.8% and energy at – of turnover. Without a single dominant cost driver, margin management requires attention across the full operating envelope rather than focus on any one line.

Trend & trajectory

Over the period 2009 to 2020 the operating margin moved from 19.7% to 17.1% (-2.6 percentage points), a deteriorating trajectory that warrants attention. Sectors with stable or improving margins tend to reflect successful pass-through of input costs and disciplined capacity management; declining margins typically point to either over-supply or a structural cost squeeze that warrants strategic review.

Costs by category Manufacture of basic pharmaceutical products and pharmaceutical preparations

Sector average % of revenue
Log in to see the full 12-year history
Cost structure for Manufacture of basic pharmaceutical products and pharmaceutical preparations in NL, 2008 to 2020, expressed as percentage of revenue.
Revenue / costs 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Total revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Personnel costs (total) 14.8% 15.3% 14.7% 12.5% 14.4% 15.3% 14.7% 14.8% 15.2% 16.0% 15.6% 15.8%
Gross wages 12.0% 12.4% 11.5% 10.3% 11.3% 12.1% 11.5% 11.8% 12.1% 12.8% 12.5% 12.7%
Social and pension contributions 2.8% 3.0% 3.2% 2.3% 3.1% 3.2% 3.1% 3.0% 3.1% 3.2% 3.1% 3.1%
Other costs 65.5% 70.3% 60.7% 51.4% 68.4% 69.1% 65.1% 64.8% 64.3% 66.5% 65.1% 67.1%
Gross operating surplus (EBITDA) 19.7% 14.3% 24.6% 36.1% 17.2% 15.6% 20.3% 20.4% 20.4% 17.5% 19.3% 17.1%
Depreciation 12.6% 12.1% 13.0% 12.2% 14.5% 14.4% 13.2% 12.4% 11.9% 11.6% 10.5% 9.3%
Operating result (EBIT) 7.1% 2.2% 11.6% 23.9% 2.7% 1.2% 7.1% 7.9% 8.6% 6.0% 8.9% 7.8%

Source: Eurostat Structural Business Statistics (latest available year).

Operating result over 12 years

Sector average % of revenue
Average
20.2%
Peak
36.1%
2012
Low
14.31%
2010
Latest
17.09%
2020

Cost mix evolution

How costs have shifted as a share of revenue

Cost distribution as % of revenue Manufacture of basic pharmaceutical products and pharmaceutical preparations (2020)

Recommended next steps

Based on the latest available data for Manufacture of basic pharmaceutical products and pharmaceutical preparations