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GSK raises annual forecasts again on strong Arexvy launch

Analysts expect GSK's RSV vaccine Arexvy to power future growth, stemming worries about the strength of its pipeline of drugs in development and costly U.S. litigation over discontinued heartburn drug Zantac. Arexvy, launched in the United States recently, is expected to garner full-year sales of between 900 million pounds to 1 billion pounds ($1.22 billion), GSK said. The London-listed drugmaker said it now expects a rise of 17% to 20% in annual adjusted earnings per share, excluding the effect ....

City Of , United Kingdom , United States , Subhranshu Sahu , Eva Mathews , Respiratory Syncytial Virus , Sales Forecasts , Rsv Vaccine , Steady Demand , Full Year Profit ,

Australia's Woolworths posts nearly 5% rise in annual profit

Demand for groceries and other necessary household items has remained strong as rising expenses forced consumers to cut discretionary spending, pointing to a change in spending patterns after years of COVID-related disruption. "We also expect the consumer environment to remain challenging with customers continuing to cut back on non-essential items looking ahead in FY24," CEO Brad Banducci said. ....

New South Wales , Nausheen Thusoo , Krishna Chandra Eluri , Archishma Iyer , Brad Banducci , Woolworths Group , Household Items , Woolworths Group , Full Year Profit ,

Car & General profit falls 23pc on weak shilling, costs


The profit drop to Sh679.46 million came on the back of higher debt servicing and goods clearance costs. ....

Paul Wanderi Ndungu , Wanderi Ndung U , Car Amp General , Full Year Profit ,

Inflation Drives Apple Prices to Kshs. 262.20/kg in Nairobi

Most Fruit prices have had an upward trend across the country. Here is a look at how the costs of apples, bananas, and oranges are in Kenya ....

Rift Valley , Nairobi Area , Inflation Drives Apple Prices , Lynnet Okumu , Published March , Historic Ksh , Full Year Profit ,