# Sandoz Narrows 2026 Sales Guidance and Raises Margin Outlook

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43071
Published: 2026-10-28T23:46:21.000Z
Updated: 2026-10-28T23:46:21.000Z
Section: Business

> 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.