29th Jan 2009 11:00
AstraZeneca provides updated currency sensitivity assumptions as part of 2009 guidance
Today, in conjunction with reporting full year 2008 earnings, AstraZeneca gave earnings guidance for 2009. The guidance utilised the average daily exchange rates for January 2009 (to 28th Jan) for its principal functional currencies (sterling, Euro, Swedish krone and Japanese yen) against the US dollar. This time period was chosen as it is reflective of significant recent changes in the exchange rate between these principal currencies and the US dollar.
The Company has provided an updated currency sensitivity guide for 2009 in order to facilitate the estimation of the impact of varying exchange rates on 2009 sales and Core earnings. This can be found in the 'Investors' section of the Company's website www.astrazeneca.com
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