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Perrigo Boosts 2022 Guidance Shifting From Changing Organization To Delivering Results

 
• By Malcolm Spicer

“We said we would start growing this company ... and this is the year to do it,” says CERO Murray Kessler. With nearly 11% net sales growth for its Americas business leading nearly 10% overall Q1 growth, Perrigo raises full-year guidance for net sales growth to 8% to 9%, up earlier 7% to 8%.

• Source: Perrigo 2022 First-Quarter Results

Now that Perrigo Company PLC has divested its Rx generics business, expanded its portfolio into birth control and got approval for its first US OTC switch and national brand, it’s time for the next step in its growth plan, says president and CEO Murray Kessler.

“We said we would start growing this company, double-digit and earnings double-digits this year, and this is the year to...

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