(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TOKYO:4502):
Strong first half results led by Growth Drivers
- Underlying Revenue grew +7.4%, led by a +15.3% increase of Takeda's Growth Drivers
(GI, Oncology, CNS and Emerging Markets). Reported revenue declined -5.9%, due to unfavorable currencies (-8.6pt) and the impact of divestitures (-4.7pt).
- Underlying Core Earnings advanced +12.7% with the Core Earnings margin increasing by 0.7pt. Despite unfavorable currencies and the negative impact of divestitures, reported operating profit was up +46.7% benefiting from strong underlying growth and a one-time gain on the Teva JV transaction.
- Underlying Core EPS was up +49.3%, reflecting strong Core Earnings growth and a lower tax rate due to timing. Reported EPS more than doubled to 159 yen, up from 69 yen in the prior year period.
- Reported Operating Free Cash Flow was up 34.0% to 74. ...
Source : http://me-newswire.net//news/18946/en...