Sanofi meets estimates for fourth-quarter profit

30 January 2025

French pharma major Sanofi (Euronext: SAN) has met analyst estimates for its fourth-quarter 2024 profit and confirmed plans for a 5 billion euro ($5.5 billion) share buyback program in 2025.

The drugmaker reported steady growth across its key therapeutic areas and highlighted strong performance from new product launches. The company took in 10.6 billion euros ($11.6 billion) sales, marking a 10.3% increase at constant exchange rates.

Business earnings per share (EPS) fell 11% to 1.31 euros ($1.44), reflecting higher research and development spending and lower margins in some segments.

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Chairman, Sanofi Aventis UK