LSI Segment Divestment
CORE Definition
Lonza believes that
disclosing CORE results of
the Group's performance
enhances the financial
markets' understanding of
the company because the
CORE results enable better
comparison across years. "
Therefore, the CORE results exclude
exceptional expenses and income related to
e.g. restructuring, environmental-remediation,
acquisitions and divestitures, impairments and
amortization of acquisition-related intangible
assets, which can differ significantly from year
to year.
For this same reason, Lonza uses these CORE
results in addition to IFRS as important factors
in internally assessing the Group's
performance.
In Lonza's 2020 Full-Year Results report, the
reconciliation of IFRS to CORE results provides
further details on the adjustments.
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