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NOVN: XSWX (CHE)

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Novartis Earnings: Double-Digit Sales Growth Supports Another Upgrade to Full-Year Guidance

Jay Lee

Jul 18, 2025

Novartis increased revenue by 11% year on year at constant currency and core operating income by 21%. Core margin increased by 230 basis points compared with same period last year. It slightly bumped up its full-year guidance for core operating income growth to low-teens (from low-double digits).

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Novartis AG Registered Shares

Novartis Earnings: Double-Digit Sales Growth Supports Another Upgrade to Full-Year Guidance

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