Healthy growth allows Lundbeck to look to the future

7 February 2024

Danish CNS specialist Lundbeck (LUND: CO) has reported record annual revenue for 2023 of 19.91 billion Danish kroner ($2.87 billion), a 9% increase on 2022.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased to 5.65 billion kroner, a rise of 17%, and adjusted EBITDA margin reached 28.4%, equivalent to an increase of 2%.

"We are currently in the process of strengthening Lundbeck’s position as a focused innovator to ensure a sustainable long-term future"

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