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4/28/2022, 7:34 AM (Source: TeleTrader)
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Sanofi's revenue rises 12.6% to €9.7B in Q1

French pharmaceutical company Sanofi S.A. announced on Thursday that its revenue in the first quarter of 2022 reached €9.67 billion at CER (constant exchange rates), up 12.6% on the year.

IFRS earnings per share (EPS) for the first quarter stood at €1.61, soaring 28.3% from the same period in 2021. IFRS net income amounted to €2.01 billion. The pharmaceutical firm's business EPS jumped 20.5% on the year to €1.94.

"Based on the strong first quarter, we are on track to deliver on our 2022 financial guidance, despite the challenging business environment," Sanofi CEO Paul Hudson commented.

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