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Head Office
Novartis International AG
CH-4002 Basel
Switzerland

+41 61 324 11 11
+41 61 324 80 01
Monday - Friday,
8:30 - 17:00, GMT+1
(Central European Time)

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Novartis International AG
Investor Relations
P.O. Box
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Switzerland

+41 61 324 79 44

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Global Media Relations
Eric Althoff
Basel, Switzerland

+41 61 324 7999

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Quarterly results

2011 Q4 and annual results - January 25, 2012

2011
(USD m)
2010
(USD m)
% change
(USD)
Net sales 58,566 50,624 16
Operating income 10,998 11,526 -5
Net income 9,245 9,969 -7
Basic EPS (USD) USD 3.83 USD 4.28 -11

Core1
Operating income 15,909 14,006 14
Net income 13,490 12,029 12
Basic EPS (USD) USD 5.57 USD 5.15 8


Q4 2011
(USD m)
Q4 2010
(USD m)
% change
(USD)
Net sales 14,781 14,199 4
Operating income 1,317 2,467 -47
Net income 1,210 2,265 -47
Basic EPS (USD) USD 0.49 USD 0.95 -48

Core1
Operating income 3,550 3,166 12
Net income 3,011 2,803 7
Basic EPS (USD) USD 1.23 USD 1.14 8

  1. Core results for operating income, net income and earnings per share (EPS) eliminate the impact of acquisition-related factors and other significant exceptional items.

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