Lundbeck delivers 14% CER revenue growth

11 November 2025

Danish CNS specialist Lundbeck (LUND: CO) today announced results, that showed total revenue grew by +14% CER1 (+13% DKK) to 18,537 million kroner ($2,874 million) in the first nine months of 2025.

Growth in the USA and Europe was the driver of this strong performance, with sales in the USA having the biggest share at 9,955 million kroner (+22% CER; +19% DKK);

Earnings before interest, tax, depreciation and amortization (EBITDA) increased to 6,207 million kroner, growing +39% CER (+38% DKK) and adjusted EBITD reached 6,272 million kroner, growing +22% CER (+21% DKK), driven by continuous strong momentum across strategic brands.

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