Sanofi (SNY)

Re: Sanofi (SNY)

Postby winston » Sat Apr 29, 2017 12:53 pm

Sanofi beats 1Q profit forecasts

PARIS (AP) _ Sanofi (SNY) on Friday reported first-quarter earnings of $6.07 billion.

On a per-share basis, the Paris-based company said it had profit of $2.41.

Earnings, adjusted for non-recurring gains, were 76 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.

The drugmaker posted revenue of $9.21 billion in the period.

Sanofi shares have increased 17 percent since the beginning of the year. The stock has increased slightly more than 8 percent in the last 12 months.

Source: AP
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Re: Sanofi (SNY)

Postby winston » Fri Oct 27, 2023 8:28 pm

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Sanofi warning outweighs spin-off, prompting €19.5b plunge

By Tim Loh

Sanofi shares plunged after a surprise forecast for lower profit next year overshadowed optimism about a plan to spin off the consumer health division.

Sanofi’s 2024 guidance is about 9% below what analysts had been expecting, and the company may further disappoint since it removed a 2025 profit target despite plans to boost sales and cut costs.

The move to prioritise research and development raised concerns about higher costs cutting into profit margins, at least over the next couple of years.

Separating the business will allow it to generate better long-term value from innovative therapies, particularly in immunology or in vaccines.


Source: Bloomberg

https://theedgemalaysia.com/node/687910
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Re: Sanofi (SNY)

Postby winston » Wed Nov 08, 2023 11:10 am

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Sanofi Probed for Market Manipulation by French Authorities

by Jenny Che and Marthe Fourcade

The probe relates to the launch of blockbuster medicine Dupixent in 2017.


Source: Bloomberg

https://finance.yahoo.com/news/sanofi-p ... 07532.html
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