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Novartis more upbeat on 2025 guidance after strong Q1 momentum

By Thomson Reuters Apr 29, 2025 | 12:11 AM

FRANKFURT (Reuters) -Novartis on Tuesday issued a more optimistic full-year earnings guidance, citing strong growth of drugs such as Kisqali, Kesimpta and Leqvio during the first quarter.

The Swiss drugmaker said in a statement that it expects 2025 operating income, adjusted for special items, to grow by a “low double-digit” percentage.

It had previously projected “high single to low double-digit” growth, compared with a 22% increase in 2024.

(Reporting by Ludwig Burger, editing by Thomas Seythal)