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Redirecting to Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow; Underlying Revenue Growth Expected to Accelerate in FY2021

Redirecting to Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow; Underlying Revenue Growth Expected to Accelerate in FY2021
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Takeda Delivers Resilient FY2020 Results With Strong Margins & Robust Cashflow Underlying Revenue Growth Expected to Accelerate in FY2021

Accelerated Cost Synergies and Achieved $2.3 Billion Target One Year Ahead of Plan Reported Net Profit Growth of Approximately +750% YOY, Reflecting Gains on Non-core Asset Sales and Lower Acquisition-related Expenses Robust Operating Cash Flow and Divestiture Proceeds Resulting in Free Cash Flow of JPY 1,237.8 Billion, Driving Deleveraging to Net Debt / Adjusted EBITDA of 3.2x FY2021 Anticipated to be an Inflection Year for Wave 1 Pipeline with Five to Six Wave 1 NMEs Submitted and Under Regulatory Review by the FDA with the Potential for Four Approvals   Takeda Pharmaceutical Company Limited (TOKYO:4502) (NYSE:TAK) (“Takeda”) today announced financial results for fiscal year 2020 (period ended March 31, 2021).

Sustainability rankings don t always identify sustainable companies

British American Tobacco (famous for cigarettes), Coca-Cola (world-renowned for its sugary soft drinks) and Glencore (a British/Swiss mining company) were recently ranked in the top five most environmentally and socially responsible companies on the FTSE 100, the share index of the 100 biggest companies listed on the London Stock Exchange. As consumers and investors, we often look at environmental, social and governance (ESG) rankings to guide our purchase, investment and employment decisions. But what should we make of this list, compiled by British investment services firm Hargreaves Lansdown? As kids, we learned that smoking kills, yet British American Tobacco has a place at the top of the list, suggesting it’s a highly responsible company.

Sustainability rankings don t always identify sustainable companies

Sustainability rankings don t always identify sustainable companies
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Sustainability rankings don t always identify sustainable companies

Sustainability rankings don t always identify sustainable companies
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