Measuring our success

We are delivering our strategy through our three strategic priorities and measuring our performance with relevant key performance indicators (KPIs).

The key performance indicators (KPIs) we measure our performance against are:

$2076m
Core revenue

Why is it a KPI?
This measures our ability to extract value from our product portfolio across our global markets


2018 Performance:
Group revenue increased by 7% reflecting strong growth in our Generic, Injectable and Branded businesses
$460m
Core operating profit

Why is it a KPI?
This measures our ability to grow revenue, deliver efficiencies and ensure cost control, while maintaining high quality manufacturing facilities

2018 performance:
The increase in core operating profit was driven primarily by significant improvement in the profitability of our Generics business
18.6%
Return on invested capital

Why is it a KPI?
Core operating profit after interest and tax divided by invested capital (calculated as total equity plus net debt)


2018 performance:
The increase in return on invested capital reflects the signficant increase in core operating profit, primarily in our Generics business, and lower borrowings, resulting from the paydown of debt in 2018
6%
Core revenue from new products launched

Why is it a KPI?
Percentage of core revenue contribution from products launched in 2018 and the second half of 2017


2018 performance
We had a high number of low value launches across the Group. As we improve the potential of our pipeline, we expect the percentage of core revenue from new launches to increase towards 10%
65%
Employee enablement

Why is it a KPI?
This measures people’s pride in working at Hikma, their willingness to recommend Hikma as an employer and their desire to stay long term

2018 performance
Our employee enablement score decreased. During 2019, we will do more to remove barriers that hinder employees’ ability to do their best work
69%
Employee engagement

Why is it a KPI?
This measures people’s pride in working at Hikma, their willingness to recommend Hikma as an employer and their desire to stay long terms

2018 performance
The increase in our employee engagement score reflects improved communications and collaboration across the Group