Sanofi Sees Currency Effects Negatively Impacting 4Q Sales
January 24 2018 - 2:29AM
Dow Jones News
By Marc Bisbal Arias
Sanofi SA (SAN.FR) estimates that unfavorable currency effects
will have a negative impact on its 2017 fourth-quarter sales, it
said Tuesday.
Specifically, the French company said the impact would be of
between 6% and 6.5%.
In the same release, Sanofi said the impact of one-time items
generated by tax reform in the U.S. and France will be recorded in
the financial statements of 2017.
The company is expected to present its fourth-quarter and
full-year results on Feb. 7.
Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com
(END) Dow Jones Newswires
January 24, 2018 02:14 ET (07:14 GMT)
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