Novo Nordisk dips as it raises full-year outlook

5 August 2026

Danish pharma major Novo Nordisk (NOV: N) saw its shares fall as much as 6% today, after it announced adjusted sales and adjusted operating profit for the second quarter of 2026 and raised 2026 full-year adjusted sales and adjusted operating profit outlook at constant exchange rates (CER).

Adjusted sales grew 7% to 78.49 billion Danish kroner ($12.11 billion), while adjusted operating profit rose 11% year-on-year to 33.39 billion kroner.Sales increased by 3% at CER, with growth negatively impacted by a 2.6 billion kroner rebate provision reversal related to the 340B Drug Pricing Program in the USA in Q2 2025.

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