Novartis raises 2026 core operating income outlook to flat to low-single-digit growth
Bitget2026/10/27 06:01- Novartis raised its 2026 core operating income outlook to flat to low-single-digit growth at constant currencies, from a low-single-digit decline.
- Net sales remain forecast to grow by a low-single-digit percentage at constant currencies.
- Third-quarter core operating income rose 10% at constant currencies to USD 6.04 billion; core margin reached 41.6%.
- Quarterly sales increased 4% at constant currencies to USD 14.52 billion, driven by priority brands and launches.
- The group reaffirmed 5%-6% sales CAGR for 2025-2030, with mid-single-digit long-term growth, both at constant currencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays: Bloom Energy (BE.US) demand turning point is steeper than expected, rating raised to "Buy"
Barclays has upgraded Bloom Energy’s rating from "equal weight" to "overweight," setting a target price of $289.
Competitor turns supplier as the "new owner"! Bank of America: Marvell Technology's acquisition of Lumentum may prompt Cisco and Ciena to seek other sources
Bank of America analysts stated that Marvell Technology's acquisition of Lumentum may prompt Ciena and Cisco to diversify their optical component suppliers.
Goldman Sachs traders warn of an "invisible bear market": S&P 500 is only 3% away from its all-time high, but 60% of its constituent stocks have entered bear market territory.
The S&P 500 Index is only about 3% away from its latest record high, but 60% of the constituent stocks in this benchmark index are deeply entrenched in bear market territory.
Crypto prices
More
