Market Overview

Sanofi Q4 Profit Down 72%

Share:
Related SNY
Breaking Down The Multiple Sclerosis 2017 Formularies: 'Stability Fares Well For The Market'
Icahn Takes Bristol-Myers Stake With M&A In Mind; Who Could Be The Acquirer?
Should Merck, BMS Fear Roche's Drug Becoming The I-O King? (Seeking Alpha)

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.

Posted-In: profitEarnings News

 

Related Articles (SNY)

View Comments and Join the Discussion!