February 5, 2020 / 6:45 AM / 22 days ago

Novo Nordisk posts Q4 operating profit slightly below expectations

COPENHAGEN, Feb 5 (Reuters) - Denmark’s Novo Nordisk posted a slightly lower-than-expected quarterly operating profit on Wednesday, and said it sees sales in local currencies growing between 3% and 6% this year.

Novo Nordisk, the world’s top maker of diabetes drugs, posted a fourth-quarter operating profit of 11.87 billion Danish crowns ($1.75 billion), compared to an average 11.96 billion expected by analysts. ($1 = 6.7707 Danish crowns) (Reporting by Jacob Gronholt-Pedersen; Editing by Himani Sarkar)

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