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Novo Nordisk reports a 32% jump in Q2 profit but lowers 2025 sales growth outlook amid competition.
Danish pharmaceutical giant Novo Nordisk reported a 32% increase in second-quarter net profit, reaching DKK 26.5 billion ($4.1 billion), with sales up 18% to DKK 76 billion.
Despite strong sales, the company faces growing competition from Eli Lilly and FDA rules allowing generic versions, impacting earnings.
Novo Nordisk lowered its 2025 sales growth outlook to 8-14%, down from earlier estimates.
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Novo Nordisk informa un aumento del 32% en la ganancia del segundo trimestre, pero reduce las perspectivas de crecimiento de las ventas en 2025 en medio de la competencia.