Dynamic pipeline powers GSK through vaccine worries
GSK (LSE: GSK) has reported a 7% increase in full-year revenue for 2024, reaching £31.4 billion ($39.3 billion), slightly surpassing market expectations.
The fourth quarter contributed £8.1 billion, a 4% rise from the previous year. Core earnings per share (EPS) for the year grew by 10% to £1.59, while the fourth quarter saw a 10% decline in EPS.
The strong performance comes despite worries over GSK's sizable vaccine interests, which represent around a third of overall sales. This segment faced a 4% decline in 2024, and concerns have been heightened by the likely appointment of RFK Jr., a vaccine detractor, as US Health Secretary.
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