Lonza raises outlook after double-digit core earnings rise in H1

July 20, 2016 5:21 AM

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ZURICH, July 20 Swiss speciality chemicals and life sciences group Lonza raised its guidance for 2016 after reporting the strongest earnings growth in its history during the first six month.

First-half core earnings before interest and taxes (EBIT) rose 20 percent to 312 million Swiss francs ($316.65 million), surpassing average analyst expectations for core EBIT of 300 million francs.

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