GSK exceeds earnings expectations despite sales falling short | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

LONDON, April 28 — GSK topped analysts’ expectations for first-quarter earnings as more people visited clinics for critical treatments such as HIV and routine shots once Covid-19 curbs eased, adding on Wednesday that plans to split into two were “well underway”. Turnover for the three...

The GlaxoSmithKline logo is seen on top of GSK Asia House in Singapore March 21, 2018. — Reuters picLONDON, April 28 — GSK topped analysts’ expectations for first-quarter earnings as more people visited clinics for critical treatments such as HIV and routine shots once Covid-19 curbs eased, adding on Wednesday that plans to split into two were “well underway”.

Turnover for the three months to March fell 15 per cent to £7.42 billion at constant currency rates, while adjusted earnings stood at 22.9 pence per share, GSK, the world’s biggest vaccine maker by sales, said.company-compiled consensus analystsGSK said it would provide details on its plan to separate into an over-the-counter products business and another for prescription medicines and vaccines in June.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines