Ipsen Reports 21% Surge In First-Half Net Income

Ipsen IPSEF reported a 21% rise in its first-half net income. Ipsen's consolidated net income rose to 91.9 million euros ($133.4 million), or 1.09 euros per share, from 75.6 million, or 0.89, in the year-ago period. Its adjusted earnings per share came in at 1.27 euros. Ipsen's revenue climbed to 619.4 million euros from 585.7 million. Ipsen now projects recurring adjusted operating profit for the year of 190 million to 200 million euros.