Haleon has reported full year revenue of £11.2bn, down 0.6%. Organic growth of 5.0% reflected increases in all regions and categories. Most of the growth was delivered by price hikes with a smaller but still positive contribution from volume and product mix.
Underlying operating profit rose 9.8% to £2.5bn helped by strong pricing and cost discipline.
Free cash flow of £1.9bn grew by £0.4bn. Net debt fell from £8.5bn to £7.9bn.
For 2025 organic revenue is expected to increase by 4-6%, with higher growth in underlying operating profit.
Haleon declared a final dividend of 4.6p, an increase of 10%.
Haleon also announced a £500mn share buyback for 2025.
The shares were down 2.6% in early trading.
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Haleon key facts
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