CORE Results as Defined by Lonza

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. CORE results exclude exceptional expenses and income related to e.g. restructuring, environmental-remediation, acquisitions and divestitures, 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 31 December 2018)

BlackRock, Inc.
9.67%

Artisan Partners
3.02%

 

Find historical shareholding disclosures on the SIX Exchange Regulation website.

Initiation of S&P Credit Rating

Lonza announced the initiation of a public credit rating with Standard & Poor’s (S&P), which resulted in a BBB+ rating with stable outlook. Lonza is committed to maintaining an investment-grade rating going forward.

Dividends

A dividend payment per share of CHF 2.75 (2017: CHF 2.75) is proposed by the Board of Directors in respect of the 2018 financial year, The proposed dividend is subject to approval by the shareholders at the Annual General Meeting on 18 April 2019.

dividend payment history

 

Currency Exposure

The currency exposure reflects as follows:

                Sales         Cost        
USD  42.8% 38.7%
EUR 16.3% 11.2%
GBP  27.2% 25.9%
SGD 1.3% 7.6%
CNY 3.8% 6.9%
Other 8.6% 9.8%

Hedging policy / foreign exchange management policy and process:

  • Focus on natural hedge incl. financing mix
  • Contract hedging
  • Ccentralized FX management
  • Partially, active hedging of expected future FX exposure

 

Pension Benefits

The group operates defined-benefit pension plans in various countries, with the major plans being in Switzerland, Great Britain and the United States (these plans are described in Note 24.1 of the Financial Report in Lonza’s Annual Report). For pension accounting purposes, these plans are considered as defined-benefit plans.

The significant actuarial assumptions at the reporting date (expressed as weighted averages) were as follows:

 in %  2018 2017
                                                    CH        US        UK          CH       US       UK      
Discount rate  0.83
4.20
2.86 0.66
3.50 2.52
Future salary increases 1.00 0.00 3.41 1.00 0.00 3.35
Future pension increases n/a 0.00 2.47 n/a 0.00 2.44

Additional information on Employee Benefit Liabilities e.g: are disclosed in Note 24 of the Financial Report in Lonza’s Annual Report. 

 

How Much Does Lonza Spend on Research and Development (R&D)?

Research & Development (R&D) costs include all primary costs directly related to this function, as well as internal services and imputed depreciation.These costs are incurred for:

  • Development of new products and services
  • Improvement of existing products and services
  • Development of new production processes
  • Improvement of existing production processes
  • Cost for patents
  • Purchase price for product and process know-how to the extent not capitalized

The R&D costs amounted to CHF 160 million (2017: CHF 150 million) and represent the full range of R&D activity. However, the consolidated income statement discloses research and development costs of only CHF 110 million (2017: CHF 95 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 SW and O6Z at the SGX-ST.

Security Number:

Valor 001384101
ISIN CH0013841017 

 

Lonza's Share Register

Share Register - Registration
c/o Computershare Schweiz AG
P.O. Box
CH-4601 Olten, Switzerland
Tel +41 62 205 7700
Fax +41 62 205 7790

share.register@computershare.ch

 

How Many Shares Does Lonza Have Issued?

The nominal amount of Lonza Group Ltd’s issued share capital increased from CHF 52,920,140 as of 31 December 2016 to CHF 74,468,752 as of 31 December 2017. The 2017 weighted average number of shares considered the additional shares only for the period subsequent to their issuance.

Registered shares
2018 20171
Number of shares issued
74,468,752 74,468,752
Number of shares ranking for dividend
74,246,157 74,242,832
Par value per share CHF 1 1
Profit for the period (equity holders of the parent) million CHF 559 707
Diluted profit for the period million CHF 559 707
Ratios per security
2018 2017
Weighted average number of shares
74,408,243 67,878,060
Diluted weighted average number of shares
74,723,145 68,460,234
Basic earnings per share CHF 7.51 10.42
Diluted earnings per share CHF 7.48 10.33

 1Profit for period and as a consequence earnings per share have been restated to reflect the adoption of IFRS 15

What is Lonza Doing to Protect the Environment?

At Lonza we are committed to providing the highest quality products and services that delight our customers while also minimizing our impact on the environment, conserving energy and natural resources, and helping to improve the quality of life. As part of our broad corporate social responsibility efforts, the key elements of our approach to sustainability are the following:

  • Empowering our employees within a culture of innovation
  • Extracting the highest efficiency from our raw materials, including energy
  • Measuring and reporting our environmental impact
  • Collaborating with industry associations and other stakeholders to improve continuously

For more information, please visit our Sustainability Report.  

 

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. Learn more about Lonza position on Corporate Governance.

 

Where Can I Obtain More Information?

For more information contact the Investor Relations team.