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Analyst: Increasing inflation will have multimillion-dollar impact on Novo Nordisk

Increasing cost pressure will slice 10 percent off Novo Nordisk’s profit in 2023, says analyst institution Intron Health.

Photo: Novo Nordisk / PR
by CHRISTIAN BUNDGAARD, translated by daniel pedersen

Novo Nordisk will take a blow from rising energy costs and an increasing cost pressure due to inflation, according to an analysis from UK-based global healthcare equity research firm Intron heath, which Danish business daily Børsen has seen.

Increasing cost pressure could reduce Novo Nordisk’s profits by nearly 10 percent in 2023, according to Naresh Chouhan, an analyst at Intron Health.

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