GSK beats expectations in third quarter, driven by vaccines

1 November 2023

British pharma major GSK (LSE: GSK) has surpassed market expectations, announcing a 10% increase in total sales, and a 16% rise when excluding COVID-19 impacts.

The company's revenues reached £8.1 billion ($9.8 billion), a 4% increase at actual exchange rates (AER) and a 10% climb at constant exchange rates (CER).

GSK reported adjusted earnings per share (EPS) of 50.4 pence, a 17% increase, highlighting “strong execution and resilient growth,” the company said.

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