LONDON, Jan 29 (Reuters) - French drugmaker Sanofi (SASY.PA) said on Thursday it expects sales to grow by a high-single-digit percentage in 2026, banking on strong demand for its blockbuster asthma drug Dupixent and some newer medicines.
The company also said it expects business operating income to grow slightly faster than sales this year, and plans to buy back 1 billion euros ($1.20 billion) in shares. In 2025, Sanofi completed a 5 billion euro share buyback program.
Sanofi has been seeking new products to drive revenue growth once Dupixent goes off patent in 2031, and had laid out plans to be more active with mergers and acquisitions.
Its largest deal in 2025 was a $9.5 billion acquisition of Blueprint Medicines that added an approved drug for a rare blood disorder to its portfolio.
Last year, Sanofi also agreed to buy adult vaccine maker Dynavax Technologies for $2.2 billion in December, and closed its $1.5 billion acquisition of British private vaccine developer Vicebio in July.
For the fourth quarter, business operating income was 2.34 billion euros, compared to 2.37 billion euros expected on average by analysts in a company-provided poll.
Quarterly sales of Dupixent, which Sanofi makes with partner Regeneron (REGN.O) , were 4.25 billion euros, compared with 4.05 billion euros expected on average by analysts. ($1 = 0.8345 euros)

Reuters

Invesco Biotechnology & Genome ETF

iShares US Pharma

Proshares Ultra Nasdaq Biotech

Invesco Nasdaq Biotechnology ETF

Blueprint Med

Sanofi

ALPS Medical Breakthrough

SPDR S&P Biotech

Dynavax Tech

First Trust NYSE Arca Biotech Index Fd

iShares Biotechnology ETF

Ark Genomic Revolution ETF

VanEck Biotech ETF

Sanofi targets high single digit sales growth in 2026, plans share buyback