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Indivior FY20 Adj. Net Income Declines; Revenue Down 18%

Indivior PLC (INDV.L) reported a fiscal 2020 net loss of $148 million compared to net income of $134 million, prior year. Loss per share in cents was 20 compared to profit of 18. Adjusted net income declined to $59 million from $176 million. Earnings per share in cents was 8 on an adjusted basis compared to 23, last year.

Fiscal 2020 total net revenue decreased 18% to $647 million from $785 million, previous year. This decline mainly reflected SUBOXONE Film share loss, partly offset by higher NR from SUBLOCADE injection.

For fiscal 2021, Indivior projects positive adjusted pre-tax income.

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