Sanofi Earnings, Sales Rose in 1Q; Expects Further Growth in 2022
2022年4月28日 - 3:11PM
Dow Jones News
By Cecilia Butini
Sanofi SA on Thursday posted higher earnings and sales for the
first quarter, driven by best-selling drug Dupixent and consumer
healthcare, and said that it expects further growth in business
earnings per share during 2022.
The French pharma major posted net profit of 2 billion euros
($2.11 billion) for the quarter, up from EUR1.57 billion the year
prior. Sales were EUR9.67 billion, up from EUR8.59 billion the year
prior.
Best-selling eczema drug Dupixent alone grew by 45.7% on year,
the company said, driving sales in Sanofi's specialty care
business.
Business net income--a key profit metric that excludes some
items--clocked in at EUR2.42 billion, from EUR2.02 billion the year
prior, Sanofi said. Business earnings per share were EUR1.94, up
20.5% from the prior-year level, the company said.
Looking ahead, Sanofi said it expects 2022 business EPS to grow
low-double digit at constant exchange rates, with a positive
currency impact of between 4% and 5%.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
April 28, 2022 01:56 ET (05:56 GMT)
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