Sandoz Group AG Registered Shares
SDZ: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| t% | LOCK|J< | LOCK|>&$^T%@ |
Sandoz Earnings: Raising Valuation on Solid Results and Improved Confidence on Biosimilar Portfolio
Sandoz reported second-quarter results, with sales and adjusted EPS up 4% and 33% in constant currency, respectively, which were both higher than FactSet consensus. Management also reaffirmed full-year guidance of mid-single-digit sales growth in constant currency and a 21% core EBITDA margin.
