Skip to main content

Market Overview

Lundbeck Q1 Net Profit Rises 72%

Share:

H. Lundbeck A/S (OTC: HLUYY) posted an increase in its first-quarter net profit.

Lundbeck's quarterly net profit jumped 72% to DKK1.07 billion, from DKK620 million, in the year-ago period.

Its revenue climbed to DKK4.58 billion from DKK3.78 billion. However, analysts were expecting a profit of DKK662 million on revenue of DKK4.01 billion.

Its EBIT surged to DKK1.53 billion from DKK882 million.

Lundbeck shares closed at $20.01 yesterday.

 

Related Articles (HLUYY)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com