Press release : Strong sales development and double-digit EPS growth…

Press release : Strong sales development and double-digit EPS growth…

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Strong sales performance and double-digit EPS growth mark achievement of profitability milestone in 2022

Paris, February 3, 2023

Q4 2022 revenue growth of 2.6% in CER and Business EPS(1) 17.4% growth in CER

  • Specialty Care grew 18.1%, driven by Dupixent® (€2,402 million, +42.1%) and new product launches
  • Vaccine sales (-16.3%) reflect the phases of influenza and PPH sales (Q3 influenza sales: up 32.4%) as well as the ramp-up of unconsolidated Vaxelis® sale
  • General Medicines core assets increased by 8.0% while GBU sales were lower (-3.7%) mainly due to Lantus® and spin-off from EUROAPI
  • CHC sales increased 6.6%, driven by double-digit growth in the Digestive Wellness, Cough & Cold and Allergy categories

Full year 2022 delivered 7.0% revenue growth and 17.1% EPS growth at CER

  • Sales rose to 42,997 million euros, driven by Dupixent® (€8,293m, +43.8%), additional €3bn sales growth, vaccines up 6.3% in line with medium-term growth target and implementation of CHC strategy (+8.6%)
  • Mid-term BOI margin target of 30% and cost savings target of €2.5 billion achieved
  • Business EPS(1) from €8.26, up 25.9% on a reported basis and 17.1% at CER
  • IFRS EPS of €5.37 (plus 8.0%)
  • February 2 board meeting proposes annual dividend of €3.56, up 6.9%

Progress on Corporate Social Responsibility strategy in Q4

  • Positive phase 2/3 results of acoziborole with the potential to further transform the treatment of sleeping sickness
  • Accelerating our goal of net-zero emissions by 5 years, now aiming for 2045

Key R&D milestones and regulatory achievements in Q4

  • Double® approved in Europe for prurigo nodularis and positive CHMP opinion for eosinophilic esophagitis
  • Beyfortus®(Nirsevimab), approved in Europe for the prevention of RSV disease in all infants
  • VidPrevtyn® Beta approved in Europe as a booster vaccine to prevent COVID-19 in adults
  • enjaymo® approved in Europe for adult patients with cold agglutinin disease (CAD)

EPS forecast for the full year 2023

  • Sanofi…

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