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Novo Nordisk A/S (NVO) CEO Lars Jorgensen on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 10:14 PM ETNovo Nordisk A/S (NVO), NONOF
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Novo Nordisk A/S (NVO) Q1 2021 Earnings Conference Call May 5, 2021 7:00 AM ET

Company Participants

Lars Jorgensen – Chief Executive Officer

Karsten Munk Knudsen – Executive Vice President and Chief Financial Officer

Martin Holst Lange – Executive Vice President and Head of Development

Camilla Sylvest – Executive Vice President and Head of Commercial Strategy and Corporate Affairs

Conference Call Participants

Emmanuel Papadakis – Deutsche Bank

Peter Verdult – Citi

Wimal Kapadia – Bernstein

Jannick Lindegaard – ABG

Simon Baker – Redburn

Trung Huynh – Credit Suisse

Sachin Jain – Bank of America

Michael Novod – Nordea

Michael Leuchten – UBS

Carsten Madsen – SEB

Lars Jorgensen

Thank you very much, and welcome to this Novo Nordisk earnings call for the first three months of 2021 and outlook for the year. I’m Lars Fruergaard Jorgensen, the CEO of Novo Nordisk. With me, I have our Chief Financial Officer, Karsten Munk Knudsen; and Executive Vice President and Head of Development, Martin Holst Lange; also present and available for Q&A session is Executive Vice President and Head of Commercial Strategy and Corporate Affairs, Camilla Sylvest.

Today’s earnings release and the slides for this call are available on our website novonordisk.com. Please note that this call is being webcasted live, and is record – and a recording will be made available on Novo Nordisk website. The call is scheduled to last one hour. The presentation is structured as outlined on Slide 2. Please note, all sales and operating profit growth statements will be at constant exchange rates, unless otherwise specified. The Q&A session will begin in about 25 minutes.

Please turn to Slide 3. As always, I need to advise you that this call will contain forward-looking statements. Such forward-looking statements are subject to risk and uncertainty that could cause actual results to differ materially

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