Hikma Narrows 2026 Profit Forecast to $740-$760M
Hikma Pharmaceuticals maintained its 2026 revenue-growth guidance of 2% to 4% and narrowed its expected operating-profit range to $740 million to $760 million, from $720 million to $770 million. The company raised its branded-business revenue-growth outlook to about 10%, from 6% to 8%, and expects the division’s core operating margin to approach 27%, citing strong demand in the Middle East and North Africa, new launches and a favorable product mix. That strength offsets a weaker outlook for Injectables, whose revenue is now expected to be broadly flat amid pricing pressure, lower contract-manufacturing activity in Europe and Canada, and supply disruptions; its margin forecast remains 27% to 28%. Hikma said its U.S. generics business is expected to remain broadly flat, while it continues investing in product launches, commercial operations and research and development.




