Shire has announced unaudited results for the year ended December 31, 2016.
Full Year Non GAAP
Financial Highlights 2016[1] Growth[1] CER[1][2]
Product sales $10,886 million +78% +79%
Product sales excluding legacy Baxalta $6,998 million +15% +15%
Total revenues $11,397 million +78% +78%
Operating income from continuing
operations $963 million (32%)
Non GAAP operating income[2] $4,417 million +59% +57%
Net income margin[3][4] 3% (17ppc)
Non GAAP EBITDA margin[2][4] 39% (4ppc)
Net income $327 million (75%)
Non GAAP net income[2] $3,391 million +47%
Diluted earnings per ADS[5] $1.27 (81%)
Non GAAP diluted earnings per ADS[2][5] $13.10 +12% +11%
Net cash provided by operating activities $2,659 million +14%
Non GAAP cash generation[2] $3,464 million +43%
Non GAAP free cash flow[2] $2,103 million (5%)
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