Novo Nordisk resurgence continues with strong quarter and improved guidance

9 August 2017

For the second quarter in a row, the results of Danish diabetes giant Novo Nordisk (NOV: N) have sent the company’s share price soaring.

The latest quarterly results not only showed growth and beat expectations, but the company also upped its full-year guidance for sales and profit.

Sales increased by 4% in Danish kroner and by 3% in local currencies compared with the same period in 2016, reaching 28.64 billion kroner ($4.5 billion).

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