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Novartis raises full year core operating income guidance

Novartis raises full year core operating income guidance

- Novartis NOVN.S raised its full-year core operating income guidance on Tuesday after strong third-quarter demand for its key cancer and multiple sclerosis drugs.

The Swiss drugmaker now expects core operating income to grow by a low single-digit percentage compared to the low single-digit decline previously expected. It maintained its forecast for low single-digit net sales growth.


(Reporting by Bhanvi Satija and Marleen Kaesebier, Editing by Friederike Heine)

((Bhanvi.Satija@thomsonreuters.com; +44 7916316907;))

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