Replay available

GSK plc (GSK) Q1 2026 Earnings Call

GSK plc (NYSE: GSK) Q1 2026 earnings conference call, held 2026-04-29. Replay captured from the company's public earnings webcast.

Wed, April 29, 2026 at 7:00 AMendedReplay
GSK plc (GSK) Q1 2026 Earnings Call

Hosted by

Featured presenters

Luke Miles

President, Pharmaceuticals

Nina Moyas

President, Global Specialty & Vaccines

Tony Wood

Chief Scientific Officer & Head of R&D

Julie Brown

Chief Financial Officer

David Redfern

Head of Investor Relations

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Replay transcript excerpt

WEBVTT 00:00:02.005 -- 00:00:07.753 Ladies and gentlemen, a warm welcome to the GSK Q1 26 results call. 00:00:07.753 -- 00:00:12.921 I'm delighted to be joined today by Luke Miles, Nina Moyas, Deborah Waterhouse, Tony 00:00:12.921 -- 00:00:14.663 Wood and Julie Brown. 00:00:14.663 -- 00:00:17.968 And in our Q&A session, we'll be joined by David Redfern. 00:00:17.968 -- 00:00:22.214 Today's call will last approximately one hour, with the presentation taking around 30 00:00:22.214 -- 00:00:25.799 minutes and the remaining time for your questions. 00:00:25.799 -- 00:00:31.144 Please ask only one to two questions so that everyone has a chance to participate. 00:00:31.182 -- 00:00:35.006 Before we start, please turn to slide three. 00:00:35.006 -- 00:00:39.991 This is the usual safe harbor statement. We will comment on our performance using constant 00:00:39.991 -- 00:00:43.214 exchange rates or CR unless otherwise stated. 00:00:43.214 -- 00:00:46.837 I'll now hand over to Luke. 00:00:46.837 -- 00:00:50.261 Thank you and welcome, everyone. Q1 performance was strong. 00:00:50.261 -- 00:00:54.205 Sales were up 5% to more than 7.6 billion pounds. 00:00:54.205 -- 00:00:58.452 Growth was driven by specialty medicines, which were up 14%. 00:00:58.452 -- 00:01:03.118 with vaccines also contributing particularly through strong Shingrick sales. 00:01:03.118 -- 00:01:06.382 Core operating profit grew 10% and EPS was up 9%. 00:01:06.382 -- 00:01:11.128 Cash generation was strong at 1.4 billion pounds. 00:01:11.128 -- 00:01:15.112 And our Q1 dividend declared today is 17 pence. 00:01:15.112 -- 00:01:19.498 Looking forward, we expect another year of profitable growth reflected in the guidance 00:01:19.498 -- 00:01:22.822 confirmed today. Next slide, please. 00:01:22.822 -- 00:01:25.84...