Brief: Lundbeck Raises Financial Guidance For 2024

H Lundbeck A/S

20/08/2024 08:13

Aug 20 (Reuters) - H Lundbeck A/S  HLUNb.CO :
    * LUNDBECK RAISES FINANCIAL GUIDANCE FOR 2024
    * IN Q2 OF 2024, LUNDBECK'S REVENUE INCREASED BY 13% AND
ADJUSTED
EBITDA INCREASED BY 14% BOTH AT CER.
    * NEW GUIDANCE FOR 2024 REVENUE GROWTH: 11% - 14%
(PREVIOUSLY:
7%-10%)
    * OUTLOOK FOR 2024 IS UPDATED, REFLECTING HIGHER FULL-YEAR
EXPECTATIONS FOR REXULTI® AND VYEPTI® VOLUMES SOLD IN U.S.
    * CONTINUES TO EXPECT INCREASED INVESTMENTS IN RESEARCH AND
DEVELOPMENT AND SALES AND DISTRIBUTION FOR YEAR
    * NEW GUIDANCE FOR 2024: ADJUSTED EBITDA GROWTH 15% - 20%
(PREVIOUS: 10%-16%)

Source text for Eikon:  ID:nWkr5Rf8Fl 
Further company coverage:  HLUNb.CO 

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