Why invest

Our successful business model provides a solid platform for growth. We combine a diverse portfolio with excellent financial discipline to deliver outstanding value for shareholders.

A firm foundation for future growth

  • Leading supplier of both generic injectable and non-injectable products in the US
  • Leading market position in MENA (second largest pharmaceutical company by sales) and a growing presence in Europe
  • Trusted partner known for our commitment to quality and reliability of supply
  • Broad portfolio of high-quality products 
  • Agile supply chain, flexible manufacturing and leading technical capabilities
Highlights
$ 2,875 m Group core revenue
$ 707 m Group core operating profit
18 % Return on capital invested

An increasingly diverse portfolio and pipeline

  • Growing presence in specialty and complex products, which offer less competition and more potential for future margin growth
  • Focus on higher-value therapeutic areas such as cardiovascular, central nervous system (CNS) and oncology
  • Annual investment in R&D to ensure we are consistently
    launching new products across our markets
  • Strong track record of value-creating partnerships, strategic
    acquisitions and geographic expansion, to enhance pipeline
    and access to new markets
Highlights
5 % R&D spend as % of revenue
157 launches in 2023 across our markets
250 + projects in pipeline

A strong balance sheet and robust cash generation

  • Good cash flow generation, with $608 million operating cash flow in 2023
  • Highly disciplined approach to cash management and acquisitions
  • Strong balance sheet that provides financial flexibility to
    support future growth, and low leverage of 1.2x net debt/
    core EBITDA
Highlights
1.2 x net debt/core EBITDA
$ 608 m operating cash flow
21 % operating cash flow/revenue

A proven track record of delivery for shareholders

  • A clear vision for growth
  • Group revenue compound annual growth rate (CAGR) of 7% and core EBITDA CAGR of 8% since 2018
  • Total shareholder return of 76% over the last ten years
  • Progressively increasing dividend
Highlights
17.7 % return on invested capital
5 % group revenue growth at five-year CAGR
76 % TSR over last ten years

All figures for year ending 31 December 2023. 

Notice of results

Press Release, Financial Results 10 February 2025

Hikma and M42 sign strategic MOU to advance healthcare innovation in the UAE

Press Release, Business Development 30 January 2025

Hikma announces exclusive commercial partnership with Emergent BioSolutions for KLOXXADO® (naloxone HCl) nasal spray 8 m...

Press Release, Product 14 January 2025

Hikma launches Meropenem for Injection, USP in the US

Press Release, Product 14 January 2025

Hikma to present at 43rd Annual J.P. Morgan Healthcare Conference

Press Release, Corporate 13 January 2025

Hikma launches ePHEDrine Sulfate Injection, USP in the US

Press Release, Product 30 December 2024
New

Hikma receives FDA approval and launches the generic version of Victoza®, Liraglutide, in the US

Press Release, Product 26 December 2024

Hikma launches Indomethacin Suppositories in the US

Press Release, Product 20 December 2024
New

Hikma acquires the rights to a portfolio of Takeda brands for the MENA region

Press Release, Product 19 December 2024
New

Hikma and Richter announce FDA submission acceptance for Denosumab biosimilar products

Press Release, Product 12 December 2024
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