Sanofi Sees Tough Economic Environment Start To Temper Demand

 
• By Tom Gallen

Sanofi Consumer Healthcare is starting to feel the effects of the tough economic environment, with signs of "growth moderation" in recent months. While the firm's global Q3 sales advanced by almost 2%, turnover in the US was hit by a "broad market slowdown."

Slowdown, word cube with background.
• Source: Shutterstock

Sanofi Consumer Healthcare continued its growth trajectory in the third quarter but is experiencing slowing sales in some markets as macroeconomic headwinds start to temper demand.

The Paris, France-based firm posted Consumer Healthcare sales at constant currencies up 1.9% to €1.27bn ($1

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