Oct 30 (Reuters) - SANDOZ GROUP AG SDZ.S:
9M SALES USD 8,057 MILLION
Q3 NET SALES OF USD 2,825 MILLION
FULL-YEAR 2025 GUIDANCE: MID-SINGLE-DIGIT NET-SALES GROWTH AT CC (UNCHANGED); A CORE EBITDA MARGIN OF 21-22% (PRIOR GUIDANCE: AROUND 21%)
FULL-YEAR 2025 GUIDANCE: EBITDA MARGIN 21-22%
RECENTLY, IMPOSITION OF TARIFFS BY US GOVERNMENT HAS LED TO REDUCED EXPORTS FROM CHINA TO US, PROMPTING CHINESE SUPPLIERS TO SIGNIFICANTLY LOWER PRICES FOR KEY PENICILLIN APIS
PRICE DROP HAS COINCIDED WITH AN INCREASE IN MARKET SUPPLY
COMPANY CALLS ON EUROPEAN UNION AND NATIONAL GOVERNMENTS TO IMPLEMENT MEASURES THAT REDUCE GEOPOLITICAL EXPOSURE AND SAFEGUARD LONG-TERM SUSTAINABILITY OF EUROPEAN-PRODUCED PENICILLINS
Source text: ID:nEQc2ckDPa
Further company coverage: SDZ.S
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