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Novartis sees 2024 core operating income to grow high single digit percentage
The Fly

Novartis sees 2024 core operating income to grow high single digit percentage

Novartis issued the following dividend and 2024 guidance and updated mid-term guidance. Says dividend of CHF 3.30 per share, an increase of 3.1%, proposed for 2023. 2024 net sales expected to grow mid single digit and core operating income expected to grow high single digit. Updated mid-term guidance sees net sales expected to grow 5% cc CAGR 2023-2028 with core operating income margin expanding to about 40%-plus by 2027.

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