Daiichi Sankyo Company Full Year 2024 Earnings: Beats Expectations

Daiichi Sankyo Company (TSE:4568) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥1.60t (up 25% from FY 2023).
• Net income: JP¥200.7b (up 84% from FY 2023).
• Profit margin: 13% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥105 (up from JP¥56.96 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Daiichi Sankyo Company Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Pharmaceuticals industry in Japan.

Performance of the Japanese Pharmaceuticals industry.

The company's shares are up 8.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Daiichi Sankyo Company's balance sheet health.

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