Roche Looks Steady In Headwinds But Under Pressure To Deliver M&A

The Swiss company will see a slight decline in revenues this year as its COVID-19 sales drop off and investors are calling for a return to M&A to help spur growth.

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Roche’s full year 2023 revenues look set to shrink slightly due to a hefty CHF4.5bn ($5bn) decline in COVID-19 sales compared with last year but underlying growth from new products, including a hugely successful launch of eye drug Vabysmo, should set it up for a bounce back in 2024.

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