Lonza Group First Half 2024 Earnings: Revenues Beat Expectations, EPS In Line

Lonza Group (VTX:LONN) First Half 2024 Results

Key Financial Results

• Revenue: CHF3.06b (flat on 1H 2023).
• Net income: CHF329.0m (down 20% from 1H 2023).
• Profit margin: 11% (down from 13% in 1H 2023).
• EPS: CHF4.61 (down from CHF5.54 in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lonza Group Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Life Sciences industry in Switzerland.

Performance of the Swiss Life Sciences industry.

The company's shares are up 12% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Lonza Group.

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