Leo Pharma failed on the top line yet succeeded on profit in 2020

Leo Pharma's 2020 revenue did not quite reach DKK 11bn, but CEO Catherine Mazzacco notes that the firm has managed well in a Covid-19-impacted market. Now she looks forward to an eventful launch year.
Photo: Leo Pharma / PR
Photo: Leo Pharma / PR
BY ELIZABETH MØNSTED JOHANSEN, TRANSLATED BY NIELSINE NIELSEN

Like for many other companies, the coronavirus pandemic has had a heavy impact on Leo Pharma, and this is the primary factor in the company's having missed its 2020 revenue guidance.

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