
AstraZeneca's Financial Health Shines Bright in Q1 2025
In an impressive display of financial resilience and growth, AstraZeneca PLC has announced a 7% increase in its first-quarter revenue for the fiscal year 2025, amounting to a staggering $13.6 billion. This marks a significant milestone in the company's journey towards its ambitious financial targets.
Breaking Down the Numbers
The pharmaceutical giant reported a 6% rise in product sales, which translates to $12.9 billion when adjusted for constant exchange rates (CER). Moreover, the company witnessed a 12% growth in core operating profit, with earnings per share (EPS) soaring by 35% to $1.88.
Looking Ahead
With optimism, AstraZeneca forecasts a high single-digit percentage increase in total revenue for 2025, alongside a low double-digit rise in core EPS. CEO Pascal Soriot emphasized the company's commitment to growth, particularly in the US, and its strategic global manufacturing footprint. "We are on a clear path towards achieving our goal of $80 billion in Total Revenue by 2030," Soriot stated.
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