Novartis AG Registered Shares

NOVN: XSWX (CHE)
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Novartis Earnings: Strong Momentum in Growth Products Offset by Entresto's Generic Erosion

Novartis' net sales declined 5% at constant currency and core operating income fell 14% in the first quarter. Management reiterated its full-year guidance for low-single-digit sales growth and a low-single-digit decline in core operating income.

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