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Perrigo Looks To ‘Stabilize, Streamline, Strengthen’

Firm Reports Dips In Net Sales For Q4 And Full Year

 
• By Malcolm Spicer

CEO says firm’s “three clear imperatives” to drive cash and “total shareholder return” comprise its “three S” plan. Perrigo’s net sales for the quarter down 1.6% to $1.14bn and for the year down 6.1% to $4.37bn.

(Source: Shutterstock)

Perrigo Co. PLC president and CEO Patrick Lockwood-Taylor begins his second contract with the firm by steering it on its second plan to spur growth since he took the helm.

“We’ve made meaningful progress over the past 21 months to adapt quickly to address these challenges and get back to a solid foundation for the future,” Lockwood-Taylor said on 28 February during Perrigo’s

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