Novartis's fourth quarter bumps up 2008 results
This article was originally published in Scrip
Executive Summary
Novartis posted a 70% increase in its fourth-quarter profits to $1.55 billion and EPS at $0.68. Consequently, the board has proposed a CHF2.00 ($1.8) per share dividend for 2008, an increase of 25% over 2007.