GSK Q3 Net Profit Falls 23% on Restructuring Costs; FY Guidance Maintained
Published 1 d ago1 sourceEvidence: Reported
GSK reported a 19% decline in pre-tax profit to £1.9bn for Q3, hit by weaker vaccine sales and £318m in restructuring charges, with more costs expected. Despite better-than-expected results, shares fell as investors focused on the deteriorating outlook, including looming patent loss for its HIV drug. This signals continued pressure on GSK's growth profile and may weigh on sector sentiment.
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