Lonza’s Profits Rise 15%

Lonza says its Ebit for the first half of the year increased 15.2%, to SF235 million ($228 million) on sales up 13%, to SF1.5 billion compared with the year-ago period. The company’s Ebit margin increased 1.3% to 16.1% of sales compared with the year-ago period. Significant developments during the period include an extension of the company’s custom manufacturing model to jointly develop product pipelines with customers, Lonza says. “All future growth programs are progressing well. The projects designed to deliver sustainable, above-average...

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