Takeda Pharmaceutical Co Ltd

4502: XTKS (JPN)
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Takeda Earnings: In-Line Results Cap an Eventful Quarter of Pipeline Newsflow

Fiscal second-quarter revenue declined 1.6% year on year while core operating profit rose 1.9%. Reported revenue grew 6.7%, boosted by currency tailwinds. Management slightly raised its core operating profit forecast to JPY 1.19 trillion, or 2.6% higher, to reflect more currency benefit.

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