Investors impressed by Sanofi’s estimate-topping results
Sanofi (Euronext: SAN) shares were up by nearly 4% during Thursday’s early afternoon trading in Paris following its results presentation.
The French pharma major had earlier presented its first-quarter 2024 financial results, revealing a 2% rise in sales to 10.46 billion euros ($11.22 billion), and business operating income for the period at 2.84 billion euros, a 15% decline compared to the same period a year ago.
Both figures beat a consensus of analyst predictions by more than 2%.
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Chairman, Sanofi Aventis UK
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