Half Year 2020 Hikma Pharmaceuticals PLC Pre-Recorded Earnings Presentation Transcript

Aug 07, 2020 / 07:00AM GMT
Presentation
Aug 07, 2020 / 07:00AM GMT

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Corporate Participants
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* Khalid Waleed Hosny Al Nabilsi
Hikma Pharmaceuticals PLC - CFO
* Sigurdur Oli Olafsson
Hikma Pharmaceuticals PLC - CEO & Executive Director

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Sigurdur Oli Olafsson - Hikma Pharmaceuticals PLC - CEO & Executive Director

Hello, everyone. I'm Siggi Olafsson, CEO of Hikma Pharmaceuticals, and I'm here with Khalid Nabilsi, the CFO. I'll provide an update on our strategic progress, and I'll then hand it over to Khalid to run through our financial results for the first half of 2020. We have delivered a strong first half results, which are ahead of our initial expectations. Core group revenue was $1.1 billion, up 9% over last year, reflecting a good performance in each of our 3 businesses.

In Injectables, we saw an increase in demand for our end market products, particularly those used in the treatment of COVID-19 patients under good cost control. Our Generics business also had a good start to the

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