CORE Results as Defined by Lonza
believes that disclosing CORE results of the Group’s performance enhances the
financial markets’ understanding of our company because the CORE results enable
better comparison across years. Therefore, the CORE results exclude exceptional
items such as restructuring charges, impairments and amortization of
acquisition-related intangible assets, which can differ significantly from year
to year. For this same reason, Lonza uses these CORE results in addition to
IFRS as important factors in internally assessing the Group’s performance.
Major shareholders according to SIX Swiss Exchange Disclosure Office (as of 22 May 2017)
Massachusetts Mutual Life Insurance
Viking Global Investors LP
Find historical shareholding disclosures on the SIX Exchange Regulation website.
Lonza’s Investment Grade Rating Maintained Post FY 2016 Results
full-year 2016 results presentation on 25 January 2017 a number
of the leading Swiss banks have re-evaluated Lonza’s investment rating.
Following their analysis and Lonza’s announced
intention to acquire Capsugel in December 2016, the banks came to the
conclusion that Lonza’s investment grade rating should be maintained. At
the end of 2016 the Company’s net debt amounted
to CHF 1584 million, giving a
debt-equity ratio of 0.67 and a net debt/EBITDA
ratio of 1.73x, as a result of the acquisition
of Arch Chemicals in October 2011 which was entirely debt financed. This focus
on reducing net debt is expected to continue for the next several years.
The policy is to pay between 25% and 40% of net
profit to shareholders in the form of dividends. At the 2017 Annual General Meeting of the Shareholders, held on Tuesday, 25 April 2017, the shareholders followed the
proposal of the Board of Directors and voted for a payment of a dividend (out
of reserves from capital contribution) of CHF 2.75
per share for the fiscal year 2016.
an extremely good natural hedge. The currency exposure reflects as follows:
policy / foreign exchange management policy and process:
The group operates defined-benefit pension plans in various countries,
with the major plans in Switzerland, Great Britain and the United States (these
plans are described in the financial section of the Annual Report 2015 on pages
43-45). For pension accounting purposes, these plans are considered as defined
The significant actuarial assumptions at the reporting date (expressed
as weighted averages) were as follows:
Additional information on Employee Benefit Liabilities e.g:
disclosed in financial section of the Annual Report 2015 on pages 46-48.
How Much Does Lonza Spend on Research and Development (R&D)?
Research & Development (R&D)
costs include all primary costs directly related
function, as well as internal services and imputed depreciation.These costs
In 2016 the research and development costs amounted to CHF 144 million (2015: CHF
185 million) and represent the full range of
R&D activity. However, the consolidated income statement discloses research
and development costs of only CHF 84 million
(2015: CHF 103
million), as the remainder of such costs are absorbed in “Cost of goods sold”
for R&D products and services sold.
Where are Lonza Shares Traded?
Lonza shares are traded at the SIX Stock Exchange in Zurich the home market for the Swiss Leader Index (SLI) and at the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”). Lonza has secondary listing at SGX Singapore Exchange.
What is the Stock Symbol?
The stock symbol for Lonza shares at the SIX is LONN VX and O6Z at the SGX-ST.
Lonza's Share Register
Share Register - Registration
c/o Computershare Schweiz AG
CH-4601 Olten, Switzerland
Tel +41 62
Fax +41 62
How Many Shares Does Lonza Have Issued?
On 10 May 2017 Lonza
Announced the Successful Results of the Rights Offering. The number of
registered shares of Lonza after completion of the rights offering will amount
The first day of trading of the newly issued shares on SIX Swiss Exchange was
on 12 May 2017.
What is Lonza Doing to Protect the Environment?
Lonza is committed to generating sustainable added value. This is only possible if ecological, social as well as economic objectives are met. Our highest priorities are personal safety and environmentally sound processes and products. For more information, please visit our Environment, Safety & Health section.
What is Lonza Position on Corporate Governance?
Lonza has implemented modern corporate governance structures to ensure accountability, responsibility and transparency throughout the Group and for its shareholders. Corporate governance reporting is in compliance with the guidelines of SWX Swiss Exchange. For more information, please refer to the section relating to Corporate Governance.
Where Can I Obtain More Information?
Don’t hesitate to contact the Investor Relations team.