Hikma raises annual sales outlook for top two units

Hikma Pharmaceuticals supplies many generic drugs including anesthetics and pain medications. (Reuters)
Updated 07 August 2020
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Hikma raises annual sales outlook for top two units

  • Core operating profit for the six months to June 30 rose 15 percent year-on-year to $284 million

Hikma Pharmaceuticals revised its annual sales outlook for two of its biggest divisions on Friday and reported higher first-half profit, as hospitals and distributors stocked up on critical medicines during the COVID-19 pandemic.
The UK-based company, which supplies many generic drugs including anaesthetics, pain medications, sedatives, neuromuscular blocking agents and anti-infectives, said core operating profit for the six months to June 30 rose 15 percent year-on-year to $284 million.