Novo Nordisk A/S 3Q 2016 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Novo Nordisk A/S (NVO) third-quarter results, based on a poll of seven analysts conducted by Dow Jones Newswires (figures in million danish kroner, EPS, dividend and target price in danish kroner, according to IFRS). Earnings figures are scheduled to be released October 28.

=== 
              Sales: 
                                               -NovoRapid/ 
3rd Quarter       -Total  -Victoza   -Levemir     NovoLog 
AVERAGE           28,022     5,242      4,413       4,921 
Prev. Year        26,792     4,680      4,665       5,119 
+/- in %            +4.6       +12       -5.4        -3.9 
 
MEDIAN            27,900     5,245      4,399       4,905 
Maximum           28,525     5,351      4,576       5,048 
Minimum           27,590     5,121      4,246       4,786 
Amount                 7         6          6           6 
 
Deutsche Bank     28,132     5,121      4,576       4,879 
Jefferies         28,525     5,351      4,306       5,002 
Kepler Cheuvreux  27,900     5,202      4,246       5,048 
Nordea            27,838     5,296      4,300       4,920 
Oddo              28,327        --         --          -- 
Swedbank          27,590     5,196      4,555       4,786 
Sydbank           27,844     5,288      4,492       4,889 
 
               Operating                Net      EPS 
3rd Quarter       profit       PBT   income  diluted 
AVERAGE           12,262    12,128    9,577     3.77 
Prev. Year        11,980    10,136    8,383     3.26 
+/- in %            +2.4       +20      +14      +16 
 
MEDIAN            12,178    12,051    9,494     3.75 
Maximum           12,528    12,406    9,801     3.89 
Minimum           12,079    11,983    9,470     3.68 
Amount                 7         6        7     7 
 
Deutsche Bank     12,406    12,280    9,750     3.85 
Jefferies         12,528    12,406    9,801     3.89 
Kepler Cheuvreux  12,297    11,997    9,477     3.74 
Nordea            12,178    11,983    9,479     3.75 
Oddo              12,079        --    9,470     3.70 
Swedbank          12,178    12,083    9,570     3.78 
Sydbank           12,168    12,018    9,494     3.68 
 
            Target price  Rating                   DPS 2016 
AVERAGE           327.17  positive 3    AVERAGE        7.46 
Prev. Quarter     410.63  neutral  4    Prev. Year     6.40 
+/- in %             -20  negative 0    +/- in %        +17 
 
MEDIAN            322.50                MEDIAN         7.50 
Maximum           375.00                Maximum        7.79 
Minimum           285.00                Minimum        7.06 
Amount                 6                Amount            5 
 
Credit Suisse     305.00  Neutral                      7.79 
Deutsche Bank     360.00  Buy                          7.45 
Jefferies         285.00  Hold                         7.06 
Kepler Cheuvreux  298.00  Hold                         7.50 
Nordea            340.00  Hold                           -- 
Swedbank          375.00  Buy                          7.50 
Sydbank               --  Buy                            -- 
=== 

Year-earlier figures are as reported by the company.

DJG/err 

(END) Dow Jones Newswires

October 26, 2016 00:59 ET (04:59 GMT)

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