ANNUAL REPORT 2021
LUNDBECK
ANNUAL REPORT 2021
= CONTENTS
Financial Highlights
REVENUE FROM STRATEGIC BRANDS
DKKm
RESEARCH AND DEVELOPMENT COSTS
DKKm
6/111
In a challenging
year, Lundbeck
saw continued solid
performance and
strong growth from
strategic brands.
9,287
9,287
8,086
7,057
3,823
4,545
3,823
3,116
T
1,248 EURm 1,476 USDm
2021 2020 2019
514 EURM 608 USDm
2021 2020 2019
In aggregate, strategic brands grew 18% in local currencies,
representing 57% of total revenue, which amounted to
DKK 16,299 million in 2021.
Compared to 2020, the R&D costs declined 16%, while
adjusted for the impairment of foliglurax of DKK 792 million in
2020, the R&D costs increased by 2%.
PROFIT FROM OPERATIONS (EBIT)
DKKm
2,010
2,010 1,990
3,153
270 EURM 320 USDm
2021 2020 2019
3,189
NET DEBT
DKKM
4,106
3,189
6,566
429 EURM 507 USDm
2021 2020
2019
EBIT grew 1% compared to 2020, and EBIT margin reached
12,3%. This is in line with the guidance range communicated in the
Annual Report 2020.
Net debt has decreased from DKK 4,106 million at
year-end 2020 to DKK 3,189 million at the end of 2021.View entire presentation