Takeda FY2024 Guidance Raised: Core Revenue And Profit Now Expected To Grow Low Single Digits; Core EPS Revised To Flat/Slight Decline. Free Cash Flow Raised To ¥550B–¥650B.

Benzinga
30 Jan

FY2024 OutlookUpdating Full Year Management Guidance and Reported and Core Forecasts

Takeda has upgraded its FY2024 Management Guidance, primarily driven by product momentum and OPEX savings. In addition, and also reflecting revised foreign exchange assumptions for the year, Takeda has raised its FY2024 reported and Core forecasts from the previous forecast. For more details, see release: Notice of the Revised Forecast of Consolidated Financials for FY2024 (IFRS)

FY2024 Management Guidance Core Change at CER (Non-IFRS)
 FY2024 PREVIOUS

MANAGEMENT GUIDANCE

(October 2024)
FY2024 REVISED

MANAGEMENT GUIDANCE

(January 2025)
Core RevenueFlat to slightly increasingLow-single-digit % increase
Core Operating ProfitMid-single-digit % declineLow-single-digit % increase
Core EPS (Yen)Approx 10% declineFlat to slightly declining
FY2024 Reported and Core Forecasts
(Billion yen, except percentages and per share amounts)
 

FY2024PREVIOUS FORECAST

(October 2024)

FY2024

REVISED FORECAST

(January 2025)

Revenue4,480.04,590.0
Core Revenue (Non-IFRS)4,480.04,590.0
Operating Profit265.0344.0
Core Operating Profit (Non-IFRS)1,050.01,150.0
Net Profit68.0118.0
EPS (Yen)4375
Core EPS (Yen) (Non-IFRS)456507
Adjusted Free Cash Flow (Non-IFRS)400.0-500.0550.0-650.0
Annual Dividend per Share (Yen)196196

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