Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
April 13 2023 - 7:18AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 6-K
________________
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
April 13, 2023
________________
NOVO NORDISK A/S
(Exact name
of Registrant as specified in its charter)
Novo Allé
DK- 2880, Bagsvaerd
Denmark
(Address of principal executive offices)
________________
Indicate by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F
Form 20-F [X] |
Form 40-F [ ] |
Novo Nordisk raises sales and operating profit outlook for 2023
Bagsværd,
Denmark, 13 April 2023 – Novo Nordisk today announced the sales and operating profit growth at constant exchange rates (CER)
for the first three months of 2023 and that the full-year sales and operating profit outlook at CER has been raised.
In the first three months of 2023, Novo Nordisk’s sales increased by 25% and operating profit increased by 28%, both at CER. Wholesaler
inventory movements in the US positively impacted sales growth.
Profit
and loss (CER) |
First
three months 2023 |
Sales growth |
25% |
Operating profit growth |
28% |
The sales outlook for 2023 is raised, primarily reflecting Wegovy® prescription trends in the first quarter and higher full-year expectations
for sales of Wegovy® in the US. Furthermore, a second contract manufacturer is now ready to begin production, thereby increasing Wegovy®
supply capacity.
The updated sales outlook also reflects higher full-year expectations for Ozempic® sales, mainly in the US, following accelerated
volume growth of the GLP-1 class.
Outlook
2023 (CER) |
Expectations
2 February |
Expectations
13 April |
Sales growth |
13-19% |
24-30% |
Operating profit growth |
13-19% |
28-34% |
Novo Nordisk’s full disclosure of the financial results for the first three months of 2023 will be published on 4 May 2023.
Page 2 of 2
The above expectations are based on assumptions including those described on pages 16 and 17 of the Financial report for the period 1
January 2022 to 31 December 2022 (Company Announcement No 5/2023).
The forward-looking statements on page 24 of the Financial report for the period 1 January 2022 to 31 December 2022 (Company Announcement
No 5/2023) also apply to this company announcement.
Novo Nordisk expects to repurchase B shares for an amount up to DKK
28 billion during a 12- month period beginning 1 February 2023. As of 31 March 2023, Novo Nordisk has since 1 February 2023 repurchased
a total of 3,896,671 B shares at an average share price of DKK 996.61 per B share equal to a transaction value of DKK 3,883,446,619.
Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat
diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific
breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 54,400
people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B).
Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Twitter, LinkedIn and
YouTube.
Contact for further information
Media: |
|
Lars Otto Andersen-Lange
+45 3448 1298
kolg@novonordisk.com |
Natalia Salomao Abrahao (US)
+1 848 304 1027
niaa@novonordisk.com |
|
|
Investors: |
|
Daniel Muusmann Bohsen
+45 3075 2175
dabo@novonordisk.com |
Jacob Martin Wiborg Rode
+45 3075 5956
jrde@novonordisk.com |
|
|
David Heiberg Landsted
+45 3077 6915
dhel@novonordisk.com |
Mark Joseph Root (US)
+1 848 213 3219
mjhr@novonordisk.com |
Novo Nordisk A/S
Investor Relations |
Novo Allé
2880 Bagsværd
Denmark |
Telephone:
+45 4444 8888 |
Internet:
www.novonordisk.com
CVR no:
24 25 67 90 |
|
|
Company announcement No 24 / 2023 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf of the undersigned, thereunto duly authorized.
Date: April 13, 2023 |
NOVO NORDISK A/S
Lars Fruergaard Jørgensen
Chief Executive Officer |
Novo Nordisk (PK) (USOTC:NONOF)
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