Feb 5 (Reuters) - GSK forecast sales in 2025 to
grow 3%-5% and reported better-than-expected fourth-quarter
earnings, as strength in its HIV and oncology portfolio offset
weakness in its vaccines division.
The British drugmaker also lifted its 2031 sales forecast to
more than 40 billion pounds ($49.88 billion), from 38 billion
pounds it targeted earlier, citing progress on its late-stage
pipeline.
The company reported core earnings per share of 23.2 pence
on sales of 8.12 billion pounds for the quarter ended Dec. 31,
compared with 19 pence on sales of 7.75 billion pounds expected
by analysts in an LSEG poll.
Vaccine sales in 2024 fell 4% in constant currency rates to
9.14 billion pounds, GSK said, better than the 9.01 billion
pounds expected by analysts in a company-compiled consensus.
Revenue from its vaccine business is expected to fall again
this year, it said, with decrease of a "low single-digit per
cent".
($1 = 0.8017 pounds)