Haleon Reports First-Half Non-GAAP EPS and Revenue Growth
Haleon plc reported first-half non-GAAP earnings per share (EPS) of 10.30p, with revenue reaching £5.6 billion for the period, representing a year-over-year increase of 2.2%. The company also noted strong free cash flow generation in H1 at £769 million, up by £35 million compared to prior expectations. The firm's net debt-to-adjusted EBITDA ratio stood at 2.5x as of the end of the first half, aligning with its medium-term financial guidance. Haleon reaffirmed its full-year outlook despite macroeconomic headwinds and ongoing inflationary pressures affecting consumer goods markets globally.
Tickers: $HLN
Topics: cash_flow debt financial_performance