Healthcare continuum drives Lonza growth

10 May 2018

Lonza has reported what it describes as a positive start to 2018 with businesses along the healthcare continuum as growth drivers.

Healthcare continuum drives Lonza growth

Lonza has reported what it describes as a positive start to 2018 with businesses along the healthcare continuum as growth drivers.

“Our businesses along the healthcare continuum produced positive results. Former Capsugel businesses, in particular, performed above our expectations both versus prior year and on a run-rate basis and contributed to our core activities,” said Richard Ridinger, Lonza’s CEO. “We have further strengthened our technology footprint by adding to our portfolio the world’s largest dedicated cell-and-gene-therapy manufacturing facility in Pearland, Texas, and by expanding our mid-scale mammalian capacity in Portsmouth, NH. We will continue to invest into our innovative offerings, global presence, commercial and operational excellence while reviewing our portfolio as part of our long-term strategic growth path.”

As of 1 January 2018, the Specialty Ingredients segment began operating in three distinct units: a Consumer Health division, a Consumer & Resources Protection division and a Water Care business unit.

The new Consumer Health division addresses the fast-moving consumer goods markets in nutrition, hygiene and personal care. The new Consumer & Resources Protection division addresses the coatings, composites and agricultural markets.

Lonza Consumer Health is said to be showing good momentum across capsules and ingredients. In particular, two leading actives – UCII ingredient for joint health and Carnipure ingredient in sports nutrition – are benefiting from high demand. Growth in capsules and dosage forms is especially driven by clean-label specialty polymer solutions.

In Q1 combined offerings continued to attract interest, fuelled by more than 30 new dietary supplement product concept launches that join Lonza’s specialty ingredients and former Capsugel's innovative dosage forms. Additional growth momentum is expected due to synergistic geographic expansion across all businesses.

Disinfecting solutions in home and institutional hygiene applications saw continuous growth, driven by increased demand in North America and Europe that resulted from innovations to address regulatory compliance.

Consumer Resources & Protection benefited from robust demand for composite materials in the aerospace and electronics industries and for antimicrobial solutions in other industrial markets. Solid wood preservatives had a soft start in North America and Europe because of unfavourable weather conditions; however, developments in value-adding applications like mould control and fire protection and in engineered wood are promising.

Lonza confirmed ongoing strong momentum for its businesses along the healthcare continuum and is confident to achieve a positive half-year result 2018. The strong business momentum also makes Lonza fully confident of achieving, at a minimum, the previously communicated full-year guidance of mid-single-digit sales growth on a comparable basis in line with Mid-Term Guidance 2022 and 100 bps improvement in CORE EBITDA margin in line with Mid-Term Guidance 2022.

Find out more about Lonza

Related categories

Related tags

Events & Exhibitions

Related news

Introducing Fi Europe CONNECT 2020

Introducing Fi Europe CONNECT 2020

10 Sep 2020

Presenting Fi Europe CONNECT – a virtual event designed to give you the global access, tools and collaboration opportunities to meet your business objectives.

Read more 
Finalists for Startup Innovation Challenge 2019 announced

Finalists for Startup Innovation Challenge 2019 announced

25 Nov 2019

Since 2016, Food Ingredients Global is pleased to present some of the most ground-breaking Food and Beverage solutions currently being developed. This year’s edition makes no exception with 20 exciting innovations answering the challenges of tomorrow’s...

Read more 
Naturex to highlight healthy on-the-go eating at Fi Europe

Naturex to highlight healthy on-the-go eating at Fi Europe

22 Nov 2019

Today’s consumers are busier than ever, notes Naturex, pointing out that, according to Innova, food and beverage launches tracked with an on-the-go claim grew by 23% between 2017 and 2018.

Read more 
Egypt and North Africa: A transformed economic landscape holds great potential for food ingredients

Egypt and North Africa: A transformed economic landscape holds great potential for food ingredients

17 Oct 2019

Today, Egypt is home to a fast-growing economy and is quickly emerging as a key hub for regional food exports in North Africa. In just a few years, the country has undergone a drastic economic transformation focussed on restoring the competitiveness of...

Read more 
PanaSource Ingredients at Natural Products Expo West 2020

PanaSource Ingredients at Natural Products Expo West 2020

10 Oct 2019

We will be exhibiting at Natural Products Expo West in Anaheim, California. Please stop by for a quick visit at Booth 3623!

Read more 
Prinova demonstrates global premix capabilities with innovative new formulations

Prinova demonstrates global premix capabilities with innovative new formulations

16 Sep 2019

To highlight their latest product innovations Prinova showcased a range of scientifically proven ingredients and custom formulations at this year’s Fi-Asia in Bangkok.

Read more 
Fi & Ni Europe attractions revealed

Fi & Ni Europe attractions revealed

6 Sep 2019

The organisers of Fi Europe and Ni have lifted the lid on a few of the top show features.

Read more 
Center for Plant-based Living opens

Center for Plant-based Living opens

16 Aug 2019

In response to a growing demand for information and application of a plant-based diet, St. Louis, Missouri will be home to the USA’s first fully plant-based nutrition and culinary education centre – the Center for Plant-based Living (CPBL).

Read more 
Nestlé collaborates with OpenSC on blockchain

Nestlé collaborates with OpenSC on blockchain

5 Jul 2019

Nestlé says it will break new ground in supply chain transparency through a collaboration with OpenSC – a blockchain platform that allows consumers to track their food right back to the farm.

Read more 
Chr. Hansen downgrades growth outlook

Chr. Hansen downgrades growth outlook

28 Jun 2019

Chr. Hansen has delivered what it describes as a solid financial result of 9% organic growth for the first nine months, but has adjusted its full-year organic growth outlook from 9-11% to 7-8%.

Read more