Company: AZN
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0001654954-25-004737
Chunk: 1

Company: ASTRAZENECA PLC
Filing Date: 2025-04-29
Form: 6-K
Chunk 1
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13,514 |        7 |   10 |
| Collaboration Revenue |      74 |       64 |   64 |
| Total Revenue         |  13,588 |        7 |   10 |
| Reported EPS ($)      |    1.88 |       34 |   32 |
| Core3EPS              
 ($)                   |    2.49 |       21 |   21 |

Key performance elements for Q1 2025

(Growth numbers at constant exchange rates)

∗ Total Revenue up 10% to $13,588m, driven by double-digit growth in Oncology and BioPharmaceuticals

∗ Growth in Total Revenue across all major geographic regions

∗ Core Operating profit increased 12%

∗ Core Tax rate of 16% in the quarter due to timing of settlements. Expectations for the full year Core tax rate are unchanged at 18-22%

∗ Core EPS increased 21% to $2.49

∗ Five positive Phase III readouts and 13 approvals in major regions since the prior results

Pascal Soriot, Chief Executive Officer, AstraZeneca, said:

"Our strong growth momentum has continued into 2025 and we have now entered an unprecedented catalyst-rich period for our company.

Already this year we have announced five positive Phase III study readouts, including most recently the highly anticipated DESTINY-Breast09 for Enhertu, as well as SERENA-6 for camizestrant and MATTERHORN for Imfinzi; the latter two of these will feature in the ASCO 2025 plenary sessions, reflecting the significance of these data to the oncology community.

Our company is firmly committed to investing and growing in the US and we continue to benefit from our broad-based source of revenue and global manufacturing footprint, including eleven production sites in the US covering small molecules, biologics as well as cell therapy. Additionally, we have even greater US investment in manufacturing and R&D planned, leveraging our two large R&D sites in Gaithersburg MD and Cambridge MA.

Overall, we are making excellent progress toward our ambition of eighty billion dollars in Total Revenue by 2030."

See Table 1 for details of clinical trial results since the prior earnings announcement, including DESTINY-Breast09, MATTERHORN, and SERENA-6.

See Note 4 for the locations of the eleven US manufacturing sites.

Guidance

AstraZeneca reiterates