H. Lundbeck AS Ordinary Shares - Class B

HLUN B: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Lundbeck Earnings: Strong Demand For Vyepti Drives Improved Near-Term Outlook

Rachel Elfman

Nov 12, 2026

Lundbeck's third-quarter revenue grew 7% at constant exchange rates, driven by continued strength from migraine prevention drug Vyepti. Management raised its 2026 outlook, now expecting revenue growth of 11%-12% and adjusted EBITDA growth of 15%-19% at constant exchange rates.

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H. Lundbeck AS Ordinary Shares - Class B

Lundbeck Earnings: Strong Demand For Vyepti Drives Improved Near-Term Outlook

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