Ipsen: confirms dividend, but suspends 2020 targets
(CercleFinance.com) - In an update on the impact of the current pandemic on its operations, Ipsen says that it has a very solid financial situation with the necessary liquidity and funding, and thereby confirms its proposed dividend of one euro per share for 2019.
However, given the general economic slowdown and uncertainties linked to the duration and extent of the health crisis, it has decided to suspend its 2020 financial targets announced last February.
"Its global business which is affected in varying degrees in the countries impacted by the coronavirus, with very different and evolving situations from one country to another," the pharmaceutical group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
However, given the general economic slowdown and uncertainties linked to the duration and extent of the health crisis, it has decided to suspend its 2020 financial targets announced last February.
"Its global business which is affected in varying degrees in the countries impacted by the coronavirus, with very different and evolving situations from one country to another," the pharmaceutical group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.