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Sanofi revenues off 4%; earnings off 11% in Q2; updates guidance

Jul. 29, 2016 10:54 AM ETSanofi (SNY) StockSNYBy: SA News Team
  • Sanofi (SNY -0.1%) Q2 results (€M): Revenues: 8,868 (-4.3%); Operating Income: 1,436 (-25.9%); Net Income: 1,158 (-11.1%); Non-GAAP Net Income: 1,680 (-8.7%); EPS: €0.90 (-10.0%); Non-GAAP EPS: €1.31 (-7.1%); Quick Assets: 6,076 (-33.6%).
  • Sales by Global Business Units: Sanofi Genzyme (Specialty Care): 1,245; Diabetes & Cardiovascular: 1,603; General Medicines & Emerging Markets: 4,498; Sanofi Pasteur (Vaccines): 797; Merial (Animal Health): 725.
  • Key Product Sales: Lantus: 1,465; Lovenox: 414; Plavix: 392; Aubagio: 315; Renvela/Renagel: 208; Cerezyme: 199; Allegra: 39.
  • 2016 Guidance: EPS: to be stable at CER; currency impact: -4%.

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