Lundbeck reached record revenue in 2024

5 February 2025

Danish CNS specialist Lundbeck (LUND: CO) today released financial results for fourth-quarter and full-year 2024.

Lundbeck’s total revenue grew by +14% at constant exchange rates (CER) and 11% in kroner terms to 22,004 million kroner ($3,065 million) in 2024, with all regions contributing to growth and a record level for the company.

Lundbeck's fourth-quarter revenue came in at 5.54 billion kroner, compared to the consensus estimate of 5.63 billion kroner. The company's adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was reported at 1.15 billion kroner, aligning with consensus. The adjusted earnings per share (EPS) of 1.36 kroner exceeded the consensus estimates of 0.81 kroner.

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