LSI Segment Divestment
Market
Capsules & Health Ingredients (CHI)
Lonza Operations
Nutraceutical market
•
Continued growth driven by end-
consumer demand for health
ingredients and supplements.
This trend was accelerated in
2020 by the COVID-19 pandemic
Pharmaceutical market
Flat to negative growth driven by
lower use of prescription drugs as
patients deferred elective
medical treatments due to
COVID-19
Partially offset by increased
demand for selected OTC
medications
Global CHI network maintained essential operations in all geographies, serving existing
customers with minimal disruption
High capacity utilization across capsule product portfolio led to increased lead times for
selected capsule products
Capacity investment approved in 2020, increasing total production capacity by 15% by
the end of 2021
Financial Performance¹
High single-digit sales growth in 2020 and stable margin
•
Business growth driven by nutritional capsules and ingredients
Pharmaceutical capsules sales growth was flat to low single-digits
Low single-digit growth anticipated in H1 2021, due to expected capacity constraints and
increased customers' inventory
1 Comparison versus 2019 at a constant exchange rate (CER)
27View entire presentation