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Lonza reports record quarter
28 Apr 2016Lonza has reported a record first quarter, with business performance above target and double-digit core EBIT growth expected for 1H16. Specialty Ingredients recorded strong results through ongoing progress in portfolio management.
Lonza has reported a record first quarter, with business performance above target and double-digit core EBIT growth expected for 1H16. Specialty Ingredients recorded strong results through ongoing progress in portfolio management.
“These record-level results in the first quarter show that the strict market focus of our organization is producing results. The ongoing improvement projects that emphasize organic growth, stringent portfolio management and operational excellence are proving to be successful,” said Richard Ridinger, CEO of Lonza. “We will use this positive start to the year to drive further our transformation initiatives with the goal of further strengthening our position as a leading supplier to the pharmaceutical, biotech and our different specialty ingredients markets.”Lonza’s Specialty Ingredients segment delivered robust results throughout all markets in the first quarter through ongoing progress in portfolio management to focus on higher-value activities.Related news
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