2023-01-25 06:42:39

Lonza FY22 Profit Up, Lifts Dividend; Sees Higher FY23 Sales, Weak Margin; Plans CHF 2 Bln Buyback

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Nasdaq
By Rtt News

(RTTNews) - Lonza Group AG (LZAGF.PK), a supplier to the pharmaceutical, healthcare and life-science industries, reported Wednesday that its fiscal 2022 profit climbed 80 percent to 1.22 billion Swiss francs from last year's 677 million francs.

Earnings per share grew 80.6 percent to 16.34 francs from 9.05 francs last year.

Core profit was 1.10 billion francs or 14.71 francs per share, compared to 944 million francs or 12.63 francs per share a year earlier.

Sales grew 15 percent to 6.22 billion francs from 5.50 billion francs last year.

CORE EBITDA was 2 billion francs, up 19.8 percent from last year, and CORE EBITDA margin improved to 32.1 percent from 30.8 percent a year ago.

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