-- Novo Nordisk A/S’s reign as Europe’s most valuable company “leaves no room to disappoint” with its first-quarter report, said Bloomberg Intelligence’s Michael Shah.Blade to Offer Luxury Bus Service to Hamptons at Fare Up to $275
British oil major Shell Plc also reports this week, when investors will probably look past a weaker first quarter with the energy sector poised to regain momentum following a price rebound, BI said. Italian bank Intesa Sanpaolo SpA completes the lineup.Tuesday: Stellantis’ sales update will probably show it’s coping with falling demand in Europe’s electric-vehicle market, for now. Revenue for the Enlarged Europe segment likely grew 1.
Thursday: Novo Nordisk probably sold 10.4 billion Danish kroner’s worth of its blockbuster weight-loss drug Wegovy in the first quarter, more than twice the year-earlier figure, consensus shows. A steady ramp-up in starting dose scripts points to even bigger sales in the second half, Barclays said. Don’t be surprised if the company adjusts its full-year outlook as consensus is already close to the top of the forecast range, Citi said.
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Luxury segment, Stellantis are outliers in an otherwise up sales marketpFebruary sales were up 24.4 per cent, but March sales were up only 9.2 per cent as a split developed: Many mainstream brands are posting large gains, while most luxury brands are down/p
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