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flag GSK reports a 3% rise in 2024 turnover and raises sales target to over £40 billion by 2031.

flag Pharmaceutical company GlaxoSmithKline (GSK) reported a 3% rise in 2024 turnover to £31.4 billion, driven by a 19% increase in specialty medicines sales and a 98% jump in oncology drugs. flag Despite a 4% drop in vaccine sales and a 40% decrease in operating profits due to legal settlements, GSK raised its long-term sales target to over £40 billion by 2031 from £38 billion. flag The company also plans a £2 billion share buyback and increased dividends.

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