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Roche confirms full year targets as first-half sales fall

By Thomson Reuters Jul 23, 2026 | 12:17 AM

July 23 (Reuters) – Swiss drugmaker Roche confirmed its full-year targets on Thursday as first-half ​sales fell in ‌Swiss franc terms, dragged down by a strong domestic currency.

Group sales for the first half ‌came ​in at 30.36 ⁠billion Swiss francs ($37.34 ⁠billion), in line with average analyst expectations of about 30.31 billion francs cited ​by Visible Alpha. Roche maintained its outlook for ⁠adjusted earnings-per-share growth ⁠in a high-single-digit ​range and sales growth in ​the mid-single-digit percentage range.

Chief Executive ‌Thomas Schinecker said the company is well positioned for growth thanks to its ⁠robust pipeline.

Analysts expect the second half of the year to be ⁠important ‌for investor sentiment ⁠as Roche continues expanding ​launches ‌of breast cancer drug ​Itovebi ⁠and other medicines in additional markets through the rest of 2026.

($1 = 0.8131 Swiss francs)

(Reporting by Danny Callaghan and ​Marleen Kaesebier)