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Elanco Animal Health reports strong Q3 results driven by innovative product sales growth

The Motley Fool +1 · ·by G4L

ELAN
ELAN Elanco Animal Health Inc
$26.76 -0.30%
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  1. 1Elanco Animal Health recorded an 11% reported revenue growth for Elanco in Q3.
  2. 2Innovative product sales increased by more than 40% year-over-year to reach $328 million.
  3. 3Elanco raised its annual innovative product sales target to $1.275 billion.

So what's the key point?

Elanco Animal Health reported strong results due to a significant increase in sales of its new products. The company raised its innovative product sales target to $1.275 billion.

Source The Motley Fool +1 · View original ↗

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