Strong Financial Performance
Group sales increased by 6% for the quarter, core operating profit rose by 12%, and core earnings per share grew 15% to 46.5p. Cash generation was notably positive with GBP 3.7 billion generated in the first half.
Specialty Medicines Growth
Specialty Medicines segment saw a significant increase in sales, up 15%, contributing to the overall sales growth and highlighting the success of the new innovations in the portfolio.
Progress in R&D
Three FDA approvals achieved so far this year. Significant advancements in the pipeline with 14 scale opportunities identified and ongoing pivotal trials for various promising therapies.
Vaccine Sales Increase
Vaccine sales grew by 9%, supported by demand for Shingrix, which saw a 6% increase, and strong growth in meningitis vaccines.
Positive Outlook
The company expects to reach the top end of financial guidance for 2025, indicating continued confidence in performance and growth trajectory.