BioNTech Reaffirms 2024 Revenue Guidance Of €2.5B-€3.1B
Portfolio Pulse from Benzinga Newsdesk
BioNTech has reaffirmed its revenue guidance for the 2024 financial year, projecting revenues of €2.5B-€3.1B. The company also outlined its planned expenses, including R&D expenses of €2.4B-€2.6B, SG&A expenses of €700M-€800M, and capital expenditures for operating activities of €400M-€500M.

May 06, 2024 | 10:54 am
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BioNTech reaffirms its 2024 revenue guidance of €2.5B-€3.1B and details planned expenses, indicating a strong financial outlook.
Reaffirming revenue guidance and detailing planned expenses provides a clear financial outlook for BioNTech, likely instilling confidence in investors about the company's future performance and financial health. This transparency and positive outlook can lead to a positive short-term impact on the stock price.
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