tiprankstipranks

Haleon PLC Reports 2024 Full-Year Results with Strong Organic Growth

Story Highlights
  • Haleon PLC reported a 0.6% decline in revenue but achieved 5.0% organic growth.
  • Operating profit rose by 10.5% due to restructuring and divestments, with a 10% dividend increase proposed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Haleon PLC Reports 2024 Full-Year Results with Strong Organic Growth

The latest announcement is out from Haleon PLC Sponsored ADR ( (HLN) ).

Haleon PLC, a company involved in consumer healthcare, announced its unaudited full-year results for 2024, revealing a slight decline in reported revenue by 0.6% to £11,233 million. Despite this, the company achieved a 5.0% organic revenue growth, driven by a combination of price increases and volume/mix improvements. The company reported a 10.5% increase in operating profit to £2,206 million, supported by restructuring efforts and divestments, including the sale of its Nicotine Replacement Therapy business outside the US. Haleon also announced a proposed 10% increase in its total full-year dividend, reflecting confidence in its financial performance and future growth prospects.

More about Haleon PLC Sponsored ADR

YTD Price Performance: 8.05%

Average Trading Volume: 8,940,503

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $45.35B

For an in-depth examination of HLN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App