Hikma Pharmaceuticals PLC (LSE:HIK)
£ 18.31 0.3 (1.67%) Market Cap: 4.06 Bil Enterprise Value: 4.80 Bil PE Ratio: 27.57 PB Ratio: 2.36 GF Score: 90/100

Half Year 2019 Hikma Pharmaceuticals PLC Earnings Call Transcript

Aug 09, 2019 / 08:30AM GMT
Release Date Price: £19.54 (+6.11%)
Sigurdur Oli Olafsson
Hikma Pharmaceuticals PLC - CEO & Executive Director

Welcome, and thank you for joining us today both in the room and on the webcast. I'm Siggi Olafsson, the CEO of Hikma. And I am going to give you a quick update on the strategic progress we have made in the company today. With me today is Khalid Nabilsi, the CFO. And he will then take over and run through the financial results of the first half and the outlook for the full year. Then we will, of course, open it up for Q&A.

So as you know, and see from the results, they are very good. I'm very happy with -- for the start we made in 2019. All our businesses are performing well. Group delivered over $1 billion in revenue, up 7% from last year demonstrating a very strong organic growth. Across the group, we really are delivering more from our marketed products, benefiting from the breadth and durability of our portfolios. At the same time, we are launching new products, making good progress with the pipeline development.

I'll now give a little bit of a strategic overview of all the 3 businesses. So the chart

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