Shire raises guidance on strong Q2
This article was originally published in Scrip
Executive Summary
Shire has bounced back from a poor Q1 and upgraded its 2013 guidance following a strong set of Q2 numbers. "We anticipate that the rate of sales growth will continue to show improvement in the second half of this year, and we anticipate delivering full year, double digit non GAAP earnings growth," new CEO Flemming Ornskov said in a conference call. This is up from a previous guidance of "in line with consensus."