Haleon Backs Views After Profit Rise on Robust Growth -- Update [MarketWatch]
Haleon plc American Depositary Shares (Each representing two Ordinary Shares) (HLN)
Company Research
Source: MarketWatch
better-than-expected sales, with positive volume, price and organic growth across all categories and regions, and backed its targets for 2024. Shares at 0921 GMT were up 7.7% at 338.2 pence. Advertisement The consumer-healthcare business, which was spun out of GSK PLC and is partly owned by Pfizer Inc., reported a pretax profit of 1.63 billion pounds ($2.06 billion) compared with GBP1.62 billion a year ago. However, adjusted pretax profit--which strips out exceptional and other one-off items--fell to GBP2.18 billion from GBP2.265 billion, missing company-provided market expectations of GBP2.215 billion. Revenue came in at GBP11.30 billion from GBP10.86 billion, ahead of expectations of GBP11.28 billion. Advertisement Organic revenue growth rose 8%, consisting of 1.0% volumes and 7.0% price. The company had guided revenue growth to be between 7% to 8%, compared with the market consensus of 7.6%. Adjusted operating profit rose 10.4% at constant currency to GBP2.55 billio
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High impacting Haleon plc American Depositary Shares (Each representing two Ordinary Shares) news events
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HLN
News
- Haleon's first-quarter revenue misses expectations [Reuters]Reuters
- Haleon to Shut UK Factory and Move Toothpaste-Making to Slovakia [BNN Bloomberg (Canada)]BNN Bloomberg
- Sensodyne-maker Haleon to shut UK manufacturing site, with more than 400 jobs hit [Reuters]Reuters
- Why many top CFOs faced with cost cutting choose to lead by example: ‘It usually starts at home' [Fortune]Fortune
- Haleon names Dawn Allen as CFO [Reuters]Reuters
HLN
Sec Filings
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- HLN's page on the SEC website