GSK CEO and CFO Interviewed on Q2 2014 Results and Strategy Update

LONDON, July 23, 2014 /PRNewswire/ --

Global healthcare company GSK reports Q2 results reflecting a business that is facing currency headwinds, increased price competition and supply disruptions to its Consumer business. However its CEO Sir Andrew Witty points out that the company is very much in transition, citing progress in the development pipeline as reason to be confident about long-term prospects as well as the investments being made to drive long-term growth.

CFO Simon Dingemans adds that the company is reining back on share buybacks for the year, revising its guidance, and formally launching a process to sell £1bn worth of sales from its established products portfolio as the company seeks to create a better balanced business.  

The interviews and transcript are available now on http://video.merchantcantos.com/.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44-207-936-1352.

SOURCE GlaxoSmithKline

Suggested Articles

After early threats, the FDA finished reviewing the company's response to a citation for data manipulation and decided not to take any further action.

China is quickly getting back up to speed with API production but reports freight bottlenecks are slowing deliveries.

Mylan and Pfizer have already postponed the close of their generic merger amid COVID-19 concerns. Now the pair is hoping to speed up EU review.