Brief: Orion Upgrades 2024 Outlook

Orion Oyj

11/09/2024 07:39

Sept 11 (Reuters) - Orion Oyj  ORNBV.HE :
    * UPGRADES FULL-YEAR OUTLOOK FOR 2024
    * PRODUCT SALES AND ROYALTY INCOME HAS CONTINUED TO GROW
FASTER
THAN EXPECTED DURING SECOND HALF OF 2024
    * THIS GOOD DEVELOPMENT IS ANTICIPATED TO CONTINUE DURING
REMAINDER OF YEAR
    * OUTLOOK FOR 2024 INCLUDES ONE NUBEQA® SALES-RELATED
MILESTONE
PAYMENT OF EUR 70 MILLION WHICH IS INCLUDED IN BOTH NET SALES
OUTLOOK AND OPERATING PROFIT OUTLOOK
    * FY OPERATING PROFIT IS ESTIMATED TO BE EUR 370 MILLION TO
EUR
400 MILLION
    * OUTLOOK 2024: NET SALES ARE ESTIMATED TO BE EUR 1,470
MILLION TO
EUR 1,510 MILLION
    * FY NET SALES ARE ESTIMATED TO BE EUR 1,470 MILLION TO EUR
1,510
MILLION

Source text for Eikon:  ID:nGNE7dhjLN 
Further company coverage:  ORNBV.HE 

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