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Pin to quick picksHikma Pharmaceuticals Share News (HIK)

Share Price Information for Hikma Pharmaceuticals (HIK)

London Stock Exchange
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Share Price: 1,956.00
Bid: 1,964.00
Ask: 1,966.00
Change: -4.00 (-0.20%)
Spread: 2.00 (0.102%)
Open: 1,994.00
High: 2,000.00
Low: 1,956.00
Prev. Close: 1,960.00
HIK Live PriceLast checked at -

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Hikma H1 operating profit drops but FY revenue guidance reiterated

Wed, 24th Aug 2016 07:48

(ShareCast News) - Hikma Pharmaceuticals reported a jump in first-half revenues but a drop in operating profit, as it reiterated its full-year revenue guidance.In the six months to the end of June, core revenue rose to $882m from $709m, but operating profit slipped to $176m from $204m due to a lower contribution from specific market opportunities for the generics business compared with the first half of 2015.The company declared an interim dividend of 11 cents per share, in line with the dividend in the same period last year.During the period, Hikma launched 44 products and received 182 approvals. It also completed the West-Ward Columbus acquisition, making significant progress with integration and on track to deliver cost synergies.The company said it continues to expect revenue in 2016 to be in the range of $2bn to $2.1bn in constant currency, including the contribution of ten months of revenue from West-Ward Columbus, with continuing momentum into 2017.Chief executive officer and chairman Said Darwazah said: "Hikma has delivered a solid first half performance in a transitional year. Our global injectables business is performing well, with revenue growth and strong profitability driven by a favourable product mix. "We continue to successfully transfer the Bedford products to our injectables facilities. By re-introducing these products to the market and increasing our investment in R&D, we are building a strong pipeline to support future growth."
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3 Jan 2023 09:25

Hikma launches version of Xyrem medicine in US for treating narcolepsy

(Alliance News) - Hikma Pharmaceuticals PLC on Tuesday said it launched an authorised generic version of the Xyrem sodium oxybate prescription medicine in the US for treating narcolepsy.

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3 Jan 2023 09:24

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3 Jan 2023 07:46

Hikma launches generic narcolepsy solution in US

(Sharecast News) - Hikma Pharmaceuticals has launched an authorised generic version of Jazz Pharmaceuticals' 'Xyrem 1', or sodium oxybate oral solution, it announced on Tuesday.

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8 Dec 2022 09:48

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(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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6 Dec 2022 10:48

RBC Capital Markets starts Hikma at 'outperform'

(Sharecast News) - RBC Capital Markets initiated coverage of Hikma Pharmaceuticals on Tuesday at 'outperform' with a 1,750p price target.

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6 Dec 2022 10:26

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(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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15 Nov 2022 12:10

Credit Suisse initiates coverage of Hikma at 'outperform'

(Sharecast News) - Credit Suisse has initiated coverage of Hikma Pharmaceuticals with an 'outperform' rating.

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15 Nov 2022 09:58

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3 Nov 2022 11:17

Hikma Pharmaceuticals reiterates 2022 guidance as costs widen

(Alliance News) - Hikma Pharmaceuticals PLC on Thursday reiterated annual guidance for all three of its businesses, continuing to expect them to underperform against 2021 due to rising costs.

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