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Novo Nordisk: Growth outlook cut - share under pressure?

  • $NOVO B (+1,47 %) reported a better-than-expected increase in net profit, but lowered its full-year sales growth forecast due to weaker sales of its blockbuster weight-loss drug, #wegovy.
  • Sales of the popular obesity drug Wegovy amounted to 17.36 billion Danish kroner in the reporting period, slightly below the 18.51 billion Danish kroner expected by analysts.
  • For 2025, the company now expects sales growth of 13% to 21% at constant exchange rates, which is below the previously forecast range of 16% to 24%.


Source: https://www.cnbc.com/amp/2025/05/07/novo-nordisk-nvo-earnings-q1-2025.html

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I have just bought more. Even in the most negative scenario with sales growth of "only" 13% and a slight decline in profit margins, NOVO is strongly undervalued.
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