{"id":25710,"date":"2025-02-06T18:54:15","date_gmt":"2025-02-06T10:54:15","guid":{"rendered":"https:\/\/flcube.com\/?p=25710"},"modified":"2025-02-06T18:54:17","modified_gmt":"2025-02-06T10:54:17","slug":"gsk-reports-7-full-year-sales-growth-in-2024-driven-by-specialty-medicines","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=25710","title":{"rendered":"GSK Reports 7% Full-Year Sales Growth in 2024, Driven by Specialty Medicines"},"content":{"rendered":"\n

UK-based pharmaceutical giant GSK plc (NYSE: GSK<\/a>) released its Q4 and full-year 2024 financial results, reporting a 7% year-on-year (YOY) growth in sales over the 12 months to GBP 31.38 billion (USD 40.1 billion). Excluding the impact of COVID-related products, the firm\u2019s sales increased by 8% to GBP 31.36 billion. Q4 revenues stood at GBP 8.12 billion (USD 10.37 billion), up 4% YOY.<\/p>\n\n\n\n

Business Segment Performance<\/strong>
By business segment, GSK reported strong growth across several key areas. Specialty Medicines sales reached GBP 11.81 billion, up 19%. HIV sales were GBP 7.09 billion, up 13%. Oncology sales surged to GBP 1.41 billion, up 98%. Respiratory\/Immunology and Other sales were GBP 3.3 billion, up 13%. Vaccines sales were GBP 9.14 billion, down 4%. General Medicines sales were GBP 10.43 billion, up 6%.<\/p>\n\n\n\n

2025 Outlook and Growth Expectations<\/strong>
GSK expects its 2025 turnover to increase between 3% to 5%, with core operating profit projected to rise between 6% to 8%. The company anticipates continued growth in Specialty Medicines, with low double-digit percentage increases, while Vaccines are expected to decline by a low single-digit percentage. General Medicines sales are expected to remain broadly stable.-Fineline Info & Tech<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UK-based pharmaceutical giant GSK plc (NYSE: GSK) released its Q4 and full-year 2024 financial results,…<\/p>\n","protected":false},"author":1,"featured_media":25711,"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":[27,184,914],"class_list":["post-25710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","tag-finanical-reports","tag-gsk","tag-nyse-gsk"],"yoast_head":"\nGSK Reports 7% Full-Year Sales Growth in 2024, Driven by Specialty Medicines - Insight, China's Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"UK-based pharmaceutical giant GSK plc (NYSE: GSK) released its Q4 and full-year 2024 financial results, reporting a 7% year-on-year (YOY) growth in sales over the 12 months to GBP 31.38 billion (USD 40.1 billion). 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