Dupixent continues to steal the show in Sanofi's second quarter results

28 July 2023

French drugmaker Sanofi (Euronext: SAN) has reported net sales for the second quarter of 2023 of $9.9 billion euros ($10.9 billion), a 1.5% fall, with net income of 1.4 billion euros and earnings per share (EPS) of 1.15 euros.

Beating many analysts’ expectations, the results have encouraged the firm to raise its outlook for the year.

Sanofi now expects 2023 EPS to grow at a mid single-digit rate, an outcome which includes an approximately 400 million-euro boost from better-than-expected vaccines sales.

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Chairman, Sanofi Aventis UK