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Added to YB: 2025-08-13

Pitch date: 2025-08-10

NVO [neutral]

Novo Nordisk A/S

-1.84%

current return

Author Info

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Company Info

Novo Nordisk A/S, together with its subsidiaries, engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

Market Cap

DKK 1.4T

Pitch Price

DKK 327.17

Price Target

N/A

Dividend

3.64%

EV/EBITDA

8.92

P/E

13.70

EV/Sales

4.72

Sector

Pharmaceuticals

Category

turnaround

Show full summary:
Novo Nordisk - H1 2025 Earnings Review

NVO (earnings overview): Despite -36% drop on FY25 guidance cut (8-14% CER sales growth, 10-16% EBIT growth), H1 shows solid 16% revenue growth, 25% EBIT growth. Wegovy adoption strong (+36% US, +298% intl), now in 35 markets. Threats: compounding competition, Rybelsus deprioritized. Likely near CapEx peak, FCF boom coming. Management appears conservative.

Read full article (9 min)