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Lonza Group Ltd. Münchensteinerstraße 38 4002 Basel, Switzerland http://www.lonza.com
Contact Ms Sanna Fowler +41 61 316 89 29
Company logo of Lonza Group Ltd.
Lonza Group Ltd.

Lonza Reports Strong 2020 Performance, Driven By Sales Growth in Pharma and Biotech Business

(PresseBox) (Basel, )

Lonza delivers on guidance1 with CHF 4.5 billion sales, 12.0%2 sales growth, and CHF 1.4 billion CORE EBITDA, resulting in a 31.2% margin
Lonza results mainly reflect Pharma Biotech & Nutrition (LPBN) performance, as Specialty Ingredients (LSI) is reported as a discontinued operation
Strong LPBN performance: 12.2%2 sales growth and 32.1% CORE EBITDA margin
Production of the drug substance for Moderna COVID-19 Vaccine has commenced at Portsmouth (USA) and Visp (CH) sites
Executive Committee expanded to ensure divisional representation, effective as of 1 April 2021
2021 Outlook: low double-digit CER sales growth, with a CORE EBITDA margin improvement aligned with the recently announced Mid-Term 2023 Sbwswneu
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.