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Demand growth boosts Lonza’s first-quarter performance

12:06 PM MDT | April 24, 2014 | Deepti Ramesh

Lonza, in its business update announcement for the first quarter of 2014, says that the year 2014 started with a good momentum, leading to a better business performance than the year-ago period, and that the performance was in line with expectations. In the company’s specialty ingredients and pharma and biotech segments, Lonza realized its growth targets and achieved a better performance compared with the first quarter of 2013, Lonza says. Lonza experienced considerable translational currency impact from the strong Swiss franc, but was able to compensate...

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