Lundbeck H1 Revenue Beats Consensus, but Core EBIT Below

• (PLX AI) - Lundbeck half year core EBIT DKK 2,073 million vs. estimate DKK 2,204 million.
• • half year core EBIT margin 23.4%
• • half year revenue DKK 8,847 million vs. estimate DKK 8,670 million
• • half year core EPS DKK 1.65
• • Outlook FY core EBIT DKK 3,800-4,100 million
• • Outlook FY EBIT DKK 2,400-2,700 million
• • Outlook FY revenue DKK 17,200-17,700 million
• • Currency favorability nearly fully offset by negative hedging effects
• • Additional investments in marketing and sales costs underpinning the launch of Vyepti in several markets during 2022