Lundbeck Q3 2019 Financial Results

Lundbeck's financial guidance for 2019 raised * Continued strong growth for strategic brands 2019 financial guidance * 2018 (DKKm) (DKKbn) Previous 2019e Revised 2019e (DKKbn) -0% (y/y) Revenue 18,117 16.3 -16.7 16.7 -16.9 -8% - -7% Expected negative impact from generic erosion Effects from hedging is a loss of around DKK 300 million OPEX from Alder and Abide# is included in guidance range Net financial items of DKK -100 - 0 million expected in 2019 Unchanged currencies from mid- October 2019 #) Now Lundbeck La Jolla Research Center 42 Core EBIT 6,158 4.6-5.0 4.8 - 5.1 -22% -17% Implied core EBIT margin 34.0% -28% -31% -28-31% EBIT 5,301 3.2-3.6 3.4-3.7 -36% -30% Implied EBIT margin 29.3% -19% -22% -20% -22% Tax rate 26.1% 26% -28% 26% -28% Lundbeck

View entire presentation