GlaxoSmithKline PLC - Credit Update - 2009/10/30 - Fitch Research

Report title: GlaxoSmithKline PLC

from Fitch Research
3 page (3135 word) report published Oct 30, 2009

Price $165.00 available for immediate download

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...GlaxoSmithKline PLC's (GSK) ratings are supported by its position as a leading player in the global pharmaceutical industry; its strong product portfolio and pipeline; good diversification in terms of product and geography, and high profitability (operating profit margin in 9M09: 32.5%). The latter is expected to be further underpinned by the group's restructuring programme which was initiated in October 2007 and expanded in February 2009, and which is planned to deliver GBP1.7bn of savings by 2011 -- of which GBP1bn has already been achieved at end9M09....

Report Type:

Credit Update

Company(ies):

GlaxoSmithKline plc

Ticker(s):

GSK

Issuer:

GlaxoSmithKline PLC

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GlaxoSmithKline PLC $165.00
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Global Pharmaceutical R&D Pipeline (First-Quarter 2009) $275.00
GlaxoSmithKline PLC $425.00

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