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MarketScreener Homepage  >  Equities  >  Nyse  >  Perrigo Company plc    PRGO   IE00BGH1M568

PERRIGO COMPANY PLC

(PRGO)
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Perrigo : Donates Building Appraised at $320,000 to Safe Harbor to Protect Children

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11/22/2019 | 09:36am EST

DUBLIN - As an early Thanksgiving gift Perrigo is proud to announce the donation of a Perrigo building appraised at $320,000 to Safe Harbor in Allegan, Michigan.

Perrigo held a ceremony to present the keys in honor of the the transition of the building ownership to Safe Harbor Children's Advocacy Center.

The building has been in Perrigo's possession for many decades. Safe Harbor, an Allegan County organization, offers assistance to abused and neglected children. In 2018, Safe Harbor guided 366 children through forensic interviews in cases of suspected abuse and neglect. Perrigo's donation will allow the organization to expand from 2,400 square feet to 6,000 square feet and with plenty of space for counseling rooms, forensic interviews, and a medical suite.

Lori Antkoviak, Executive Director Safe Harbor Children's Advocacy Center said, 'Perrigo is lighting the way for children in our community that have been victimized by abuse and neglect. Through the donation of this building, multiple counseling and child interview rooms will be designed for the varying ages Safe Harbor serves, and will create an environment safe for them to begin their healing process.'

After meeting with Safe Harbor to understand their needs, the idea of the building donation began to form and take shape. In 2017, Perrigo began renovating the building with the intent to make it ready for public use instead of commercial work.

Tom Farrington, President of Perrigo's Charitable Foundation and EVP & Chief Information Officer says, 'Perrigo acted on a unique opportunity to make this building available to Safe Harbor. The building's size and location, along with its adjoining parking lot, create an ideal setting for Safe Harbor to serve its clients. We saw this as another way to invest in communities where we do business and contribute to helping our community's most vulnerable citizens. We are honored to help Safe Harbor ensure its services are accessible to the children who need them most.'

Safe Harbor will continue to renovate the interior of the building now that the organization has possession of the building.

About Perrigo

Perrigo Company plc (NYSE; TASE: PRGO) is dedicated to making lives better by bringing 'Quality, Affordable Self-care Products' that consumers trust everywhere they are sold. The Company is a leading provider of over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed.

Contact:

Sarah Barwacz

Tel: 616.215.3309

Email: sarah.barwacz@perrigo.com

About Safe Harbor

Safe Harbor is a nonprofit organization providing a lifeline to victims of child abuse and neglect.

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 4 813 M
EBIT 2019 813 M
Net income 2019 272 M
Debt 2019 2 892 M
Yield 2019 1,35%
P/E ratio 2019 29,4x
P/E ratio 2020 19,0x
EV / Sales2019 2,29x
EV / Sales2020 2,13x
Capitalization 8 148 M
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Mean consensus HOLD
Number of Analysts 13
Average target price 59,08  $
Last Close Price 59,86  $
Spread / Highest target 16,9%
Spread / Average Target -1,30%
Spread / Lowest Target -11,5%
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Managers
NameTitle
Murray S. Kessler President, Chief Executive Officer & Director
Rolf Allan Classon Chairman
Ronald Janish Executive VP-Global Operations and Supply Chain
Raymond P. Silcock Chief Financial & Accounting Officer
Thomas Farrington Chief Information Officer & Executive VP
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