Lonza released FY results with sales of CHF3.8bn (+4.5% and +5.7% at CER), core EBITDA of CHF793m (+6.7%), core EBIT of CHF524m (+10.3%) and a profit for the period of CHF277m vs CHF237m. Net debt at the end of 2015 reached CHF1,660m significatly down on FY14 (CHF2,011m). A dividend of CHF2.50 will be proposed. The outlook for FY16 calls for an increase in sales and a minimum +5% increase in core EBIT, while the longer-term target (FY18) is to reach a core EBITDA level of c.CHF1bn (in line wi
27 Jan 2016
FY15 : a sound performance
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FY15 : a sound performance
Lonza Group AG (0QNO:LON) | 0 0 0.0% | Mkt Cap: 22,735m
- Published:
27 Jan 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Lonza released FY results with sales of CHF3.8bn (+4.5% and +5.7% at CER), core EBITDA of CHF793m (+6.7%), core EBIT of CHF524m (+10.3%) and a profit for the period of CHF277m vs CHF237m. Net debt at the end of 2015 reached CHF1,660m significatly down on FY14 (CHF2,011m). A dividend of CHF2.50 will be proposed. The outlook for FY16 calls for an increase in sales and a minimum +5% increase in core EBIT, while the longer-term target (FY18) is to reach a core EBITDA level of c.CHF1bn (in line wi