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What’s Expected of Novartis’s Net Profit Margin in 2018?

Margaret Patrick
What’s Expected of Novartis’s Net Profit Margin in 2018?

For 4Q17, Novartis (NVS) reported core operating income of around $3.2 billion, which represents a YoY (year-over-year) rise of 7% on a reported basis and a 5% YoY rise on a CC (constant currency) basis. For fiscal 2017, Novartis reported core operating income of ~$12.9 billion, which represents a YoY decline of 1% on a reported basis but a flat performance on a CC basis.