Lundbeck Q3 2019 Financial Results
9M 2019: Continued strong growth from strategic brands and negative
impact from generic erosion on mature products as expected
*
Revenue: Down 9% (9% in L.C.)
to DKK 12.6 billion
I
Revenue
(9M - DKKm)
-9%
Core EBIT
(9M - DKKM)
-23%
14.000
5.500
Performance driven by strategic
13.000
brands mitigating effect from
5.000
12.000
EXULTI
generics
4.500
11.000
10.000
Northera
4.000
Other revenue: Down 7% to
9.000
3.500
DKK 433 million
Brintellix
8.000
Trintellix
3.000
7.000
Effects from hedging: Loss of
Abilify Maintenc
2.500
6.000
DKK 194 million
5.000
2.000
I
*
Core EBIT margin: 31.8% vs.
4.000
1.500
37.5% in 9M 2018 following
generic erosion of Onfi
3.000
Other pharma
1.000
2.000
500
1.000
Rest
0
0
9M.18
9M.19
9M.17
9M.18
9M.19
45
LundbeckView entire presentation