Lonza announces financial results for H1 2008
Lonza Half-Year 2008 Results
23/07/2008
First-half performance on track despite currency and raw material challenges EBIT growth of 15.2% achieved on stepwise RONOA improvement of 1.9 percentage points Extension of the custom manufacturing model to the joint development of product pipelines with customers
Basel, 23 July 2008 - Lonza Group Ltd (SWX: LONN) today announced its financial results for the first half of 2008 ended on 30 June 2008. In this period, sales grew by 13.0% to CHF 1 463 million based on continuing operations. EBIT grew by 15.2% to CHF 235 million and EBIT margins increased by 1.3 percentage points to 16.1% of sales compared to the same period last year.
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