Abbott, J&J Reaffirm 2025 Profit Guidance Despite Growing Tariff Uncertainties

Abbott and J&J reassured investors they will maintain their 2025 profit forecasts. Abbott projects $5.05 to $5.25 per share and plans a new $500m investment in manufacturing and R&D sites. J&J anticipates $400m in tariff-related costs but committed $55bn in US investment over four years.

(Shutterstock)

Despite looming tariffs, medtech giants Abbott and Johnson & Johnson told investors they would maintain their annual profit forecast, with Abbott announcing it would invest $500m in US manufacturing and research projects.

Abbott CEO Robert Ford told investors during a call yesterday that the medical device company was considering raising its profit guidance, emphasizing Abbott’s strong performance to start the year, but...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on Medtech Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required

More from Regulation

More from Business