Headline results for the first quarter:
Prescription drug sales: €8.7 billion ($9.6 billion), up 4.9%
Overall revenue: €10.2 billion ($11.3 billion; forecasts of €10.5 billion), up 5.7%
Profit: €2 billion ($2.2 billion), down 0.7%
Note: All changes are versus the prior-year period unless otherwise stated
"We have started 2023 with strong results, delivering double-digit sales growth across our specialty care, vaccines and consumer healthcare businesses," remarked CEO Paul Hudson. The executive added "Dupixent continues its compelling performance and is on track to achieve its €10 billion sales objective for this year." Specialty care unit: €4.3 billion, up 20.2%
General medicines unit: €3.3 billion, down 12.4%
Lantus: €447 million, down 33.4% Toujeo: €289 million, up 5.5%
Vaccines division: €1.2 billion, up 14.4%
Consumer healthcare: €1.5 billion, up 10.4%
Sales in China: €755 million, down 14% on a constant exchange rate (CER) basis
Sanofi continues to expect business earnings per share to grow in the low-single digits this year on a CER basis, excluding negative currency effects of between 5.5% and 6.5%. The company had previously flagged a negative currency impact in the range of 3.5% to 4.5%.