Emma Wormsley
Chief Executive Officer
Replay available
GSK plc (NYSE: GSK) Q2 2025 earnings conference call, held 2025-07-30. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Chief Scientific Officer
President, Pharmaceuticals
Head of HIV
Chief Financial Officer
Head of Investor Relations
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WEBVTT 00:00:01.120 -- 00:00:06.480 Ladies and gentlemen, a very warm welcome to the GSK Q2 2025 00:00:06.480 -- 00:00:12.100 results call. I'm delighted to be joined today by Emma Wormsley, Tony Wood, 00:00:12.100 -- 00:00:18.060 Luke Miles, Deborah Waterhouse and Julie Brown, with David Redfern joining for Q&A. 00:00:18.060 -- 00:00:22.480 Today's call will last approximately one hour, with the presentation taking around 30 00:00:22.480 -- 00:00:24.980 minutes and the remaining time for your questions. 00:00:24.980 -- 00:00:30.420 Please ask only one to two questions so that everyone has a chance to participate. 00:00:30.420 -- 00:00:34.180 Before we start, please turn to slide three. 00:00:34.340 -- 00:00:39.240 This is the usual safe harbour statement. We will comment on our performance using constant 00:00:39.240 -- 00:00:43.080 exchange rates or CR, unless otherwise stated. 00:00:43.080 -- 00:00:47.140 I will now hand over to Emma on slide four. 00:00:47.140 -- 00:00:50.600 Thank you and welcome to everybody joining us today. 00:00:50.600 -- 00:00:55.940 Please turn to the next slide. Our second quarter results once again 00:00:55.940 -- 00:01:01.160 demonstrate GSK's strong performance momentum and the quality and strength 00:01:01.160 -- 00:01:03.220 of our portfolio. 00:01:03.220 -- 00:01:08.240 Group sales were up 6% for the quarter, core operating profit was up 12% and core earnings 00:01:08.240 -- 00:01:13.560 per share grew 15% to 46.5 pence. Sales 00:01:13.560 -- 00:01:18.600 growth was driven by our largest business, Specialty Medicines, up 15% 00:01:18.600 -- 00:01:23.340 and vaccine sales also contributed with sales up 9% in the quarter. 00:01:23.340 -- 00:01:28.240 This led to increases in profits and earnings, which also benefited from a strong foc...