Sanofi: raises FY EPS target

(CercleFinance.com) - Sanofi announces that it has increased its business EPS growth forecast for FY 2020, now anticipating growth of 7%-8% at constant exchange rates (CER), barring major unforeseen adverse events.


The group reported Q3 business net income of 2,299 million euros, up 1% as reported and up 9.4% at constant exchange rates, representing business EPS of 1.83 euro, up 0.5% as reported and up 8.8% at constant exchange rates.

Sanofi generated quarterly net sales of 9,479 million euros, up 5.7% at constant exchange rates (down 0.2% on a reported basis), with sales growth driven by strong demand for Dupixent and influenza vaccines.


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