GSK has upgraded its sales and profits forecasts following a surge from HIV and oncology medications as chief executive Dame Emma Walmsley prepares to depart the pharmaceutical giant.
Company shares climbed on Wednesday as a consequence, reaching their highest point in more than a year.
The London -headquartered drugs manufacturer said recent performance has positioned it to achieve revenue growth of between 6% and 7% for 2025. Previously, it had guided towards the upper end of a 3% to 5% range.
GSK also informed investors that core operating profits will span 9% to 11%, having earlier indicated this would likely sit at the top of a 6% to 8% bracket.
These revisions emerged as it disclosed that revenue increased by 7% to £8.55 billion, compared with the preceding year.
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