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Download our Annual Report and Form 20-F 2022 

Hello. We are Haleon. We are a world-leading consumer health company with a clear purpose to deliver better everyday health with humanity.


Haleon is an impressive business, with a clear strategy to drive sustainable above-market growth and attractive shareholder returns. 

Sir Dave Lewis

Chair


With a strong purpose of delivering better everyday health with humanity at our core, I’m confident Haleon is primed and ready for the next stage of its remarkable journey.

Brian McNamara

Chief Executive Officer


By the numbers

At a glance

Oral Health

We are one of the world's largest providers of specialist oral health. With a broad range of science-based products our goal is to make the world's mouths healthier.

Vitamins, minerals and supplements

We have a category leading portfolio of brands to improve everyday health and wellness. 

Pain Relief

With a portfolio of products to relieve pain and reduce inflammation, our range brings comfort and ease to millions.

Respiratory Health

Our portfolio of leading brands in cold and flu, nasal decongestant and allergy helps people worldwide with a range of respiratory issues. 

Digestive Health and other

We have a portfolio of trusted, market leading digestive health brands, including Eno and Tums, with a strong heritage in treating heartburn, acid indigestion and gastric discomfort.


27%

2022 Revenue

15%

2022 Revenue

24%

2022 Revenue

15%

2022 Revenue

19%

2022 Revenue




Trading through the year has been strong with reported revenue growth of 13.8% and organic revenue growth of 9.0%, with good growth across all regions and categories demonstrating the long-term attractiveness of our brands and the categories in which we operate. Our growth was balanced with price of 4.3% and volume/mix 4.7%.

Tobias Hestler

Chief Financial Officer

By the numbers

Full Year Results 2022


Revenue

£10.9bn

(2021: £9.5bn)

Revenue growth

13.8%

(2021: (3.5)%)

Organic revenue growth1

9.0%

(2021: 3.8%)

Operating profit

£1.8bn

(2021: £1.6bn)


Adjusting operating profit1

£2.5bn

(2021: £2.2bn)

Operating profit margin

16.8%

(2021: 17.2%)

Adjusted operating profit margin1

22.8%

(2021: 22.8%)

Diluted earnings per share

11.5p

(2021: 15.1p)


Adjusted diluted earnings per share1

18.4p

(2021: 17.9p)

Final Dividend per share

2.4p

 

Net cash inflow from operating activities

£2.1bn

(2021: £1.4bn)

Free cash flow1

£1.6bn

(2021: £1.2bn)

 

1Non-IFRS measures. We use certain non-IFRS alternative performance measures to provide additional information about the Company’s performance. Non-IFRS measures may be considered in addition to, but not as a substitute for or superior to, information presented in accordance with IFRS. For more information, see page 46 of the Annual Report and Form 20-F 2022.


Our Business Model

A sustainable model driving investment for growth delivering attractive returns.

Haleon’s competitive advantage is derived from combining deep human understanding with trusted science.


Key performance indicators

Our KPIs track and measure our performance, delivery against our strategic pillars and long-term success.


Financial


Organic revenue growth

This measures the strength of our existing portfolio, operations and resources.

Net debt/Adjusted EBITDA

Reducing our leverage strengthens our balance sheet and maintains our investment grade credit rating.

Adjusted operating profit

Our adjusted operating profit is an important indicator of the strength of our business model.

Free cash flow

Free cash flow provides the business with capacity to invest in the business, pay down debt and shareholder returns.

Business gained or maintained share

This is based on the Group’s analysis of third-party market data of revenue, including IQVIA, IRI and Nielsen data.


Responsible business


41%

Carbon reduction5

65%

Recycle-ready packaging6

43.7%

Gender diversity

80%

Employee engagement


5Reporting period runs from 1 December 2021 to 30 November 2022. Carbon offsets account for 15% of our market based Scope 1 and 2 carbon emissions.

6Reporting period runs from 1 July 2021 to 30 June 2022.



Strategy


From the report

Downloads


Annual Report (7.8MB, PDF)


Haleon at a glance (0.73MB, PDF)

CEO Statement (0.089MB, PDF)

Chairs Statement (0.091MB, PDF)

Complete Singles (7.8MB, PDF)


Corporate Governance (1.9MB, PDF)

Spreads (16.5MB, PDF)

Strategic Report (3.2MB, PDF)

TCFD (0.133MB, PDF)



Request a printed Annual Report and Form 20-F 2022.


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