(Thomson Reuters ONE via COMTEX) — Novartis International AG / Novartis delivered strong core margin expansion (cc) and continued to strengthen the pipeline in Q3; on track for full-year guidance . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
- Solid growth (cc[1]) in Q3 sales, core operating income, core EPS for continuing operations[2] – Net sales were USD 12.3 billion (-6%, +6% cc)
- Operating income was USD 2.2 billion (-18%, +2% cc)
- Core operating income was USD 3.5 billion (-3%, +14% cc)
- Core operating income margin improved 2.2 percentage points (cc)
- Net income declined mainly due to Q3 provision for conditional settlement in princ…
Read the full article at: http://www.marketwatch.com/story/novartis-delivered-strong-core-margin-expansion-cc-and-continued-to-strengthen-the-pipeline-in-q3-on-track-for-full-year-guidance-2015-10-27
