Hikma shares up 7%

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Hikma Pharmaceuticals is topping the FTSE All Share this morning after the company reported better than expected results for 2016.

The generic drug specialist earlier said that a fall in operating profits last year was not as bad as expected, while revenues were a touch better than expectations.

Hikma also slightly raised its dividend for last year and predicted revenue growth of 10 per cent in 2017.

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