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Home Industry News Perrigo delivers record-breaking sales for 2015

Perrigo delivers record-breaking sales for 2015

19th February 2016

Perrigo has announced record-breaking financial results for 2015, including a net sales total of $5.35 billion (3.73 billion pounds) for the year.

This represented a year-on-year increase of 28 percent compared to 2014, with adjusted net income up by 29 percent to $1.09 billion and adjusted earnings per share rising 21 percent to $7.59.

Its consumer healthcare and Rx pharmaceuticals segments both delivered all-time record calendar year net sales, while its fourth quarter sales total also represented a new high watermark at $1.42 billion.

Recent acquisitions and the launch of several important new products were cited as key drivers of the company's strong growth. The company expects 2016 adjusted earnings to be between $9.50 and $9.80 per diluted share, which would represent a further increase of between 25 and 29 percent compared to 2015.

Perrigo's chairman and chief executive officer Joseph Papa said: "We are confident that our durable business model and future growth prospects will continue to deliver value for our shareholders and provide quality affordable healthcare products to our customers and patients worldwide."ADNFCR-8000103-ID-801813035-ADNFCR

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