
Shares in UK pharma major GSK (LSE: GSK) were 6% higher late Wednesday after the London-based drugmaker presented its third quarter financial results and updated 2025 guidance.
Sales rose 7% to £8.55 billion ($11.3 billion), some 4% ahead of UBS forecasts, while operating profit was more than 100% higher, at £2.59 billion, 11% above UBS estimates.
GSK upgraded its guidance for 2025 as a whole. Sales growth of between 6% to 7% is now expected, where previously towards the top end of the range of between 3% to 5% was anticipated. Core operating profit growth of between 9% to 11% is now predicted. Previously, the expectation was for towards the top end of the range of between 6% to 8%.
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