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Sandoz Narrows 2026 Sales Guidance and Raises Margin Outlook
The company cited temporary challenges in Germany and short-term biosimilar supply constraints. Its SIX-listed shares closed down 2.70% at CHF 79.88 on Oct. 28.

Sandoz Group AG narrowed its 2026 net-sales growth guidance to 5%-6% at constant currencies and raised its core EBITDA margin guidance to 23.0%-23.5% in a Q3 and nine-month sales update released Wednesday, Oct. 28.
The company cited more challenging temporary market conditions in Germany and short-term biosimilar supply constraints in Europe and International as factors behind the guidance update.
SIX-listed shares (SDZ) closed down 2.70% at CHF 79.88 on Wednesday.