Viatris, Inc.: Expanding Footprint in China To Change The Game!

Viatris’s latest financial disclosures highlight a mix of positive and negative developments, resulting in mixed implications for potential investors. In examining Viatris’s performance for 2024 and their outlook for 2025, there are notable strategic strengths and ongoing challenges to consider. In 2024, Viatris reported a modest revenue growth of 2% on a divestiture-adjusted operational basis, reaching approximately $14.7 billion, consistent with their guidance. With an adjusted EBITDA of around $4.7 billion and an adjusted EPS of $2.65 per share, the company’s financial performance aligns with expectations. A free cash flow of roughly $2.6 billion, excluding divestiture-related taxes and transaction costs, added to the positive financial outcomes. Additionally, Viatris’s accomplishment in capital management is notable, as it returned approximately $825 million to shareholders through dividends and share repurchases and managed to retire about $3.7 billion in debt, hitting their long-term gross leverage target of around 2.9x.