{"id":14359,"date":"2023-08-31T15:39:00","date_gmt":"2023-08-31T07:39:00","guid":{"rendered":"https:\/\/flcube.com\/?p=14359"},"modified":"2024-11-23T15:46:53","modified_gmt":"2024-11-23T07:46:53","slug":"johnson-johnson-reports-h1-2023-sales-growth-following-kenvue-spinoff","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=14359","title":{"rendered":"Johnson & Johnson Reports H1 2023 Sales Growth Following Kenvue Spinoff"},"content":{"rendered":"\n

Global healthcare giant Johnson & Johnson (J&J; NYSE: JNJ<\/a>) has released a financial update for the first half of 2023, following the completion of the separation of its consumer healthcare spinoff, Kenvue (NYSE: KVUE<\/a>), into an independent company. The document reveals that H1 2023 global sales reached USD 42.4 billion, marking a 6.4% year-on-year (YOY) adjusted operational increase.<\/p>\n\n\n\n

Pharmaceutical and Medical Technology Units’ Contribution<\/strong>
Pharmaceutical subsidiary Janssen led the way with a 5.6% YOY increase in adjusted terms, contributing USD 27.1 billion to the total sales. The medical technology unit also performed well, reaching USD 15.3 billion, up 8.1% YOY.<\/p>\n\n\n\n

Geographical Sales Performance<\/strong>
In terms of geographical contributions, the United States, J&J’s home market, accounted for USD 22.4 billion with a 10.2% YOY operational growth in the first six months. The rest of the Americas region saw a significant increase of 16.2%, reaching USD 2.2 billion. The European market expanded by 2.1% to USD 10.7 billion, and the Asia-Pacific and Africa region experienced an 8.5% rise, contributing USD 7.0 billion to the total sales.-Fineline Info & Tech<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Global healthcare giant Johnson & Johnson (J&J; NYSE: JNJ) has released a financial update for…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7],"tags":[20,27,150,149,2293,858],"class_list":["post-14359","post","type-post","status-publish","format-standard","hentry","category-company","tag-finance","tag-finanical-reports","tag-jj","tag-johnson-johnson","tag-kenvue","tag-nyse-jnj"],"yoast_head":"\nJohnson & Johnson Reports H1 2023 Sales Growth Following Kenvue Spinoff - Insight, China's Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"Global healthcare giant Johnson & Johnson (J&J; NYSE: JNJ) has released a financial update for the first half of 2023, following the completion of the separation of its consumer healthcare spinoff, Kenvue (NYSE: KVUE), into an independent company. 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