Hikma narrows 2026 operating profit outlook to $740 million-$760 million
- Hikma Pharmaceuticals narrowed its 2026 operating profit forecast to $740 million-$760 million from $720 million-$770 million.
- Group revenue growth guidance remains at 2%-4%, with year-to-date performance in line with expectations.
- Branded revenue growth guidance increased to around 10% from 6%-8%, supported by strong demand.
- Branded core operating margin is forecast near 27%, up from around 25%, reflecting a strong product mix despite increased marketing spending.
- Injectables revenue is now expected to remain broadly flat rather than grow by low single digits; core operating margin guidance remains 27%-28%.
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