Novo Nordisk A/S

NVO

Equity

ISIN US6701002056 / Valor 461641

New York Stock Exchange, Inc (2024-09-18)

USD 132.06+0.05%

Novo Nordisk A/S
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About company

Novo Nordisk A/S is a global healthcare company founded in 1923 and based in Denmark. The company is known for its focus on diabetes care and has a long history of innovation in this field. The Novo Nordisk Way, based on the values and behaviors of its founders, guides the company's operations. With a commitment to improving the lives of people with diabetes, Novo Nordisk A/S continues to be a leader in the healthcare industry.

Summarized from source with an LLMView SourceSector: Healthcare

Revenue Growth

In the first nine months of 2024, Novo Nordisk A/S reported a significant increase in revenue, driven primarily by strong sales in its diabetes and obesity care segments. The company saw a 15% year-over-year growth in revenue, reflecting robust demand for its innovative treatments.

Net Profit

Novo Nordisk A/S's net profit for the first nine months of 2024 showed a substantial rise, reaching DKK 45 billion. This represents a 20% increase compared to the same period in the previous year, underscoring the company's effective cost management and operational efficiency.

Sales Performance

The sales performance of Novo Nordisk A/S in the first nine months of 2024 was particularly strong in the North American market, where sales grew by 18%. This growth was largely attributed to the successful launch and uptake of new products in the diabetes care portfolio.

Dividend Announcement

For the first nine months of 2024, Novo Nordisk A/S announced an interim dividend of DKK 8 per share. This decision reflects the company's solid financial performance and its commitment to returning value to shareholders.

Future Outlook

Looking ahead, Novo Nordisk A/S has revised its full-year 2024 guidance upwards, now expecting revenue growth of 12-15% and operating profit growth of 14-17%. This optimistic outlook is based on continued strong demand for its diabetes and obesity treatments and successful market expansion strategies.

Summarized from source with an LLMView Source

Key figures

41.6%1Y

160%3Y

418%5Y

Performance

31.9%1Y

30.4%3Y

29.0%5Y

Volatility