Microvast Holdings announces departure of chief financial officer
Haleon plc (LSE/NYSE:HLN) announced Monday that it will change its financial reporting structure, splitting its business into six categories starting with its 2025 half-year results on July 31. The update, disclosed in a press release and SEC filing, aligns with an announcement made at the company’s Capital Markets Day on May 1.
The new categories are Oral Health; Vitamins, Minerals, and Supplements (VMS); Pain Relief; Respiratory Health; Digestive Health; and Therapeutic Skin Health and Other. Under the revised structure, Digestive Health & Other is now separated into Digestive Health and Therapeutic Skin Health and Other, and Smokers Health—previously part of Digestive Health and Other—will be included in Respiratory Health. No other categories are affected.
Restated financial data for fiscal years 2023 and 2024 was provided. For 2024, the company reported total revenue of £11,233 million, with 5.0% organic revenue growth and a -0.6% change in reported revenue compared to the prior year. In 2023, total revenue was £11,302 million, with 8.0% organic revenue growth and a 4.1% increase in reported revenue.
By category for 2024:
- Oral Health: £3,312 million revenue, 9.6% organic growth, 5.6% reported growth.
- VMS: £1,696 million revenue, 7.6% organic growth, 3.4% reported growth.
- Pain Relief: £2,564 million revenue, 0.1% organic growth, -3.3% reported growth.
- Respiratory Health: £2,122 million revenue, 1.0% organic growth, -5.4% reported growth.
- Digestive Health: £1,029 million revenue, 5.5% organic growth, 1.7% reported growth.
- Therapeutic Skin Health and Other: £510 million revenue, 9.8% organic growth, -17.5% reported growth.
The company stated that its geographical reporting split remains unchanged. Definitions for non-IFRS measures are available in Haleon’s 2024 Full Year Results and Annual Report.
All information is based on a press release statement and SEC filing published Monday. Haleon plc is listed on the London Stock Exchange (LON:LSEG) and New York Stock Exchange under the ticker HLN.
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