13 1Refers to continuing operations as defined on page 43 of the Condensed Financial Report, excludes Alcon, includes the businesses of Innovative Medicines and Sandoz, as well as the continuing corporate functions. 2Constant currencies (cc), core results and free cash flow are non-IFRS measures. An explanation of non-IFRS measures can be found on page 55 of the Condensed Financial Report. Unless otherwise noted, all growth rates in this Release refer to same period in prior year.
3 Please see detailed guidance assumptions on page 8 including the forecast assumption that we see a continuation of the return to normal global healthcare systems including prescription dynamics by mid 2021. In addition, we assume that no Gilenyaand noSandostatinLAR generics enter in 2021 in the US.
Novartis International AG: Novartis delivered sales growth and margin expansion. Continued to progress its next wave of medicines in 2020.
Pharmaceuticals BU grew 5% (cc) driven by
Entresto (+44% cc),
Cosentyx (+13% cc),
Xiidra acquisition (+95% cc)
Promacta/Revolade (+23% cc),
Piqray (reaching USD 0.3 billion)
Sandoz sales were in line (cc, -1% USD), with Biopharmaceuticals growing 19% (cc)
COVID-19 negatively impacted demand, particularly: ophthalmology, dermatology and Sandoz retail
Core operating income² grew 13% (cc, +9% USD) and Innovative Medicines and Sandoz core margin improved to 35% and 24% of sales respectively, driven by sales growth, lower spend and productivity
Continued transformation of Manufacturing and Business Services contributing to core margin expansion
Home » Sports » Chaplin Targets Caherlohan, Coaching and Renewed Financial Drive In First Year As Clare GAA Chairman
Cratloe’s Jack Chaplin, Clare GAA chairman watching the Clare V Limerick minor Munster Semi final in the Gaelic grounds on Wednesday evening . Photograph by John Kelly.
Chaplin Targets Caherlohan, Coaching and Renewed Financial Drive In First Year As Clare GAA Chairman
December 17, 2020
Derrick Lynch
The new chairman of Clare GAA has outlined his three goals for the coming year with improvements at Caherlohan, progression in coaching structures and addressing the huge financial issues of the board being the main targets.
Cratloe’s Jack Chaplin was unveiled as the successor to Joe Cooney in the chairman’s role at this week’s Annual Convention. He overcame Cooraclare’s PJ McGuane in the race for the position, gaining 116 of the 183 votes cast. McGuane congratulated Chaplin on his victory and outlined that it was the last election that he would be cont