Pfizer made a lot of money from the pandemic last year. For the US pharmaceutical company, it was a record year in every respect thanks to the high sales figures of its vaccine and its corona drug “Paxlovid”.
However, the falling number of corona cases is likely to have a negative impact on the business of the US pharmaceutical company in 2023. According to company information from Tuesday at the beginning of the year, many countries still have enough vaccines and medicines. Pfizer is therefore preparing for a significant drop in sales and profits.
According to this, Pfizer expects sales of between 67 and 71 billion US dollars this year. In 2022, the group had earned a good 100 billion dollars (around 92.2 billion euros), 23 percent more than a year earlier.
Bottom line, profits rose 43 percent to $31.3 billion. Adjusted earnings per share rose 62 percent to $6.58.
For 2023, Pfizer is only aiming for a value in the range of 3.25 to 3.45 dollars for this indicator.
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