29 July 2020 - interim results

The group has reported interim results for the six months to 30 June and these have come in much as expected with revenue up 8% to £16.7bn with strong growth in consumer healthcare following the acquisition of the Pfizer portfolio.  Adjusted pre-tax profits were 1% higher at £4.0bn and earnings per share on the same basis declined 6% to 56.9p.  The interim dividend was maintained at 38p following a second quarterly dividend of 19p.  The shares are not particularly exciting but on the basis that an 80p dividend is proposed for . . .

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