Takeda Pharmaceutical reports 3.8% jump in underlying revenue for 3 quarters of FY2015: 4 notes

Takeda Pharmaceutical reported strong financials for three quarters of fiscal year 2015, from April to December.

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Here are four notes:

1. The company’s underlying revenue increased by 3.8 percent year-to-year, led by strong performance in the U.S. and the emerging markets

2. It also reported an underlying core earnings increase of 1.5 percent year-to-year.

3. Underlying revenue from the gastroenterology market was up by 24.7 percent year-to-year.

4. Based on performance through three quarters, Takeda raised the full-year reported forecast for operating profit to 120 billion yen.

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