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Roche Q3 sales advance by forex-adj 9%, beating market view

2024.10.23 01:30

By Ludwig Burger

FRANKFURT (Reuters) -Roche’s third-quarter sales gained a currency-adjusted 9%, beating market expectations, on higher prescriptions of once-monthly haemophilia shot Hemlibra and recently launched eye drug Vabysmo.

Group sales of 15.14 billion Swiss francs ($17.46 billion) surpassed an analysts’ consensus estimate of 14.9 billion francs, based on LSEG data.

© Reuters. FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd Wiegmann/File Photo

The Swiss drugmaker reaffirmed on Wednesday it expects growth in 2024 adjusted earnings per share in the “high single-digit range”, excluding the effect of currency swings and resolution of tax disputes in 2023.

($1 = 0.8671 Swiss francs)



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