Health-boosting ingredients company celebrates record year

By Michelle Perrett

- Last updated on GMT

Lonza sees strong results
Lonza sees strong results
Lonza, a Swiss-based health-boosting ingredients and pharmaceutical supplier, has announced “record-breaking” full-year results for 2017.

The company, which produces vitamin B3 in the form of niacin and niacinamide for inclusion in food, said its segments – Pharma&Biotech and Specialty Ingredients – contributed to the performance.

Standalone sales hit (Swiss francs) CHF4.6bn (£3.5bn) for the full-year 2017, a 23.5% increase in reported currency compared with the same period in 2016.

Including its acquisition of pharma firm Capsugel on July 5 last year, the company, which also supplies weight management supplement Carnipure and proprietary immune-booster ResistAid, clocked up CHF5.1bn (£3.9bn) in total sales.

Specialty Ingredients grew sales by 5.2% (4.8% in constant exchange rates) to CHF2.4bn. Earnings before interest and taxes grew by 10.2% year-on-year to CHF367M (£278.2M).

The company said this strong performance had been partly driven by the “further value creation​” achieved in its coatings and composites business, including agro ingredients.

It said agro and animal feed Ingredients showed solid growth based on higher demand, especially in animal nutrition.

Progress had also been made in developing a niche portfolio for selected speciality crops with a range of agrochemical products.

On July 5 2017, the company bought biopharmaceutical and consumer health and nutrition company Capsugel, which has been fully integrated into the Lonza structure.

Lonza said it expected the Specialty Ingredients segment, the integration of Lonza’s nutritional ingredients and Capsugel’s formulation and encapsulation capabilities to further enhance its offer.

“With 120 years of company history, we are now stronger than ever as these outstanding results demonstrate,”​ said Richard Ridinger, ceo of Lonza.

“Following the acquisition of Capsugel, we have successfully achieved our goals and even over-delivered. With such a rapid step-up in size – of our sales, employees and entities – we are now optimising all of our processes and structures to ensure profitable growth continues well into the future.”

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