Clinical and commercial wins mark turning point as GSK ups outlook

26 July 2023

Sales and profits at GSK (LSE: GSK) beat expectations in the second quarter of 2023, with the firm reporting respectively a 4% and 8% increase from the same period of last year.

Britain’s second-largest drugmaker took in £7.2 billion ($9.2 billion) sales for the period, with £2.2 billion in profit, leading to an adjusted earnings per share (EPS) result of £0.38.

Headquartered in West London, GSK has a broad range of products, with particular expertise in vaccines, respiratory conditions and medicines for HIV.

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