Novo Nordisk raises outlook for full-year sales, operating profit

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Novo has raised its sales growth outlook to a range between 32% and 38% from a previous 27-33%, and has raised the outlook for growth in earnings before interest and tax (EBIT) to 40-46% from previous 31-37%.

The new sales outlook for this year 2023 primarily reflects higher expectations for profits related to sales of its Ozempic and Wegovy drugs in the United States.