UCB beats expectations as Bimzelx drives growth

27 February 2025

UCB (Euronext: UCB) exceeded market expectations in the fourth quarter of 2024, reporting revenue of 1.89 billion euros ($2.05 billion), an 8% increase compared to the same period last year. Core earnings per share (EPS) for the quarter reached 2.68 euros.

For the full year, revenue climbed 6% to 6.15 billion euros, up from 5.8 billion euros in 2023. Adjusted EBITDA rose to 1.48 billion euros, representing a 9% increase year-over-year.

Stronger-than-anticipated product sales, milestone payments, and a termination fee from minzasolmin contributed to the performance.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK