Sandoz reports strong FY 2024 results and Q4 2024 sales
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Sandoz reported strong financial results for FY 2024, with net sales of USD 10.4 billion, a 9% increase in constant currencies. The growth was driven by biosimilars and operational efficiencies. The company projects mid-single digit growth for 2025.
March 05, 2025 | 6:15 am
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Sandoz's FY 2024 results show strong sales growth driven by biosimilars, with a 9% increase in net sales in constant currencies. The company improved its core EBITDA margin by 200 basis points.
Sandoz's strong sales growth and improved EBITDA margin indicate positive operational performance, likely boosting investor confidence and stock price. The focus on biosimilars and operational efficiencies supports future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100