Sanofi Q4 Profit Down 72%
Sanofi (NYSE: SNY) posted a 72% drop in its fourth quarter profit.
Sanofi's quarterly net profit fell to 410 million euros ($553.5 million). Its sales came in at EUR8.53 billion, versus analysts' estimates of EUR8.5 billion.
Its business net profit declined 25% in the period.
Sanofi shares closed at $47.34 yesterday.
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