2023 Guidance and Q3 Earnings
Q3 2023 Total to adjusted profit reconciliation
Total results
Q3 2022
Q3 2023
Key commentary
Operating profit Operating profit
(£m)
(£m)
1,191
1,949
Intangible amortisation
198
182
Intangible impairment
17
129
Major restructuring
73
110
Transaction-related
712
577
ViiV CCL¹ movements, primarily related to improved sales
forecasts and FX2
Divestments, significant
414
legal and other
(175)
Receipt of dividend and distribution income from investments,
including £184m fair value gain on Haleon investment
Adjusted results
2,605
2,772
GSK
Table may not sum due to rounding. See pages 19 and 20 of GSK's third quarter 2023 earnings release for a full reconciliation 1. Contingent consideration liabilities 2. Foreign exchange
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