PARIS--(BUSINESS WIRE)--Regulatory News:
Ipsen (Euronext: IPN - ADR: IPSEY) will host today its Investor Day. The Group’s management will provide a comprehensive review of its 2020 strategy.
Marc de Garidel, Chairman and Chief Executive Officer of Ipsen, said: “We are sharing today an update on our 2020 targets. The Group strategy presented to the financial markets in June 2011, calling for an increased focus of Research and Development (R&D) and commercial efforts, and geographical expansion in emerging markets and the United States, generated solid growth of sales and profits over 2010-2015. We are now entering the second phase of this strategic plan, characterized by an acceleration of sales growth, with a 2020 outlook for organic sales of €1.8bn to €2bn and a core operating margin of above 26%.”
