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Eli Lilly — Jan 14, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000059478-25-000005
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Salable doses of incretins produced
“at least 60% more”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Revenue for FY2025
“$58.0 billion to $61.0 billion”
Revenue growth at midpoint for FY2025
“growth of 32% at the midpoint compared to expected 2024 revenue”
Full-year worldwide revenue for FY2024
“approximately $45.0 billion”
Worldwide revenue for Q4 FY2024
“approximately $13.5 billion”
Revenue growth for Q4 FY2024
“growth of 45% compared to Q4 2023”
Mounjaro revenue for Q4 FY2024
“approximately $3.5 billion”
Incretin salable dose production growth for FY2025
“at least 60% more salable doses of incretins in the first half of the year compared to the first half of 2024”
Salable doses of incretins produced for FY2024
“at least 60% more”
Exhibit 99.1 · the passage around this item
… earlier in the release
“2024 was a pivotal and highly successful year for Lilly, and we expect to continue our momentum in 2025 with strong financial and operational performance,” continued Ricks. “Sales of Mounjaro and Zepbound posted robust sales growth in Q4, and we expect a continuation of that trend into 2025. We’ll also bring additional manufacturing capacity online and expect to produce at least 60% more salable doses of incretins in the first half of the year compared to the first half of 2024.” As announced previously, Ricks will participate in a fireside chat at the J.P. Morgan Healthcare Conference later today at 5:15 p.m. Eastern time. A live audio webcast of Ricks’ discussion will be available on the “Webcasts & Presentations” section of Lilly’s Investor website at https://investor.lilly.com/webcasts-and-presentations. A replay of the presentation will be available on this same website for approximately 30 days. The company currently plans to share its full Q4 2024 financial results, including with respect to other metrics included in its financial guidance, and 2025 financial guidance on February 6, 2025. Preliminary Information The unaudited financial information presented in this press release is preliminary and may change as a result of, among other factors, Lilly’s financial closing procedures and as a result, the company’s final results may vary materially from the preliminary results included in this press release. The preliminary financial information included in this press release reflects the company’s current estimates based on information available as of the date
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.