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Viatris Hikes Guidance With The Wind On Its Back At Halfway Stage

Low-End Guidance Jumps From $17.2bn To $17.5bn Total For 2021

 
• By Dean Rudge

Viatris enjoyed another strong quarter, its second full quarter as a combined entity, allowing for a raise in guidance across the board. Management discussed the firm’s strengths, and weaknesses, during the Q2 earnings call.

Increased Sales
Several factors led Viatris to raise its guidance for 2021 • Source: Alamy

Viatris Inc. has raised its full-year 2021 revenue, adjusted EBITDA and free cash flow guidance following a robust first six months of the year, with strong momentum going into H2 leaving the door open for the guidance to be reassessed again at the end of the third quarter.

Raising full-year revenue expectations from $17.2bn-$17.8bn to $17.5bn-$17

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