Shire plc (SHPG) Tops Q1 EPS Views; Appoints New CFO
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April 30, 2015 7:01 AM EDT
DUBLIN, April 30, 2015 /PRNewswire/ --
Shire plc (LSE: SHP, NASDAQ: SHPG) announces the appointment of Jeff Poulton as Chief Financial Officer (CFO) and member of the Executive Committee. Jeff will additionally join the Shire Board of Directors. Both appointments are effective immediately.
Jeff has served as Interim CFO since December 2014, while overseeing Investor Relations. As CFO, he will remain based in Lexington. An experienced pharmaceuticals and biotechnology executive, Jeff has extensive experience across financial, commercial and strategic leadership roles. He joined Shire in 2003.
Shire CEO Flemming Ornskov said: "Jeff brings... More
April 30, 2015 7:01 AM EDT
DUBLIN, April 30, 2015 /PRNewswire/ --
- Continued Advancement Toward Goal of Becoming a Leading Global Biotechnology Company Â
Shire (LSE: SHP, NASDAQ: SHPG) announces unaudited results for the three months to March 31, 2015.
Financial Highlights Q1 2015 Growth(1) CER(2)
Product sales $1,423 million +9% +13%
Total revenues $1,488 million +11% +15%
Non GAAP operating income $683 million +16% +19%
US GAAP operating income from continuing operations $475 million +55%
Non GAAP EBITDA margin (excluding royalties & other
revenues)(3) 46% +1pps(4)
US GAAP net income margin(5) 28% +11pps
Non GAAP diluted earnings per ADS $2.84 +20% +24%
US GAAP diluted earnings per ADS $2.08 +77%
Non GAAP cash generation $516 million +56%
Non GAAP free cash flow...
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