Dow Jones Newswires: Roche says outlook is improving as revenue grows

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Roche Holding AG raised its guidance on Wednesday after reporting that sales rose 9.5% in the period from January to September.

Sales in the nine months totaled 46.07 billion Swiss francs ($46.16 billion), up from CHF42.08 billion a year earlier. U.S. sales were particularly strong, rising 17% to CHF20.04 billion.

The Swiss drugmaker ROG, +0.71%  said it now expects high-single-digit sales growth at constant exchange rates in 2019, with core earnings per share increasing in line with sales.

Previously, the company had guided for mid-to-high-single-digit growth at constant exchange rates.

Roche said a strong performance from multiple sclerosis drug Ocrevus, as well as hemophilia medicine Hemlibra and cancer medicines Tecentriq, Perjeta and Avastin helped to offset declining sales of Herceptin and MabThera/Rituxan, which were hit by competition from closely-resembling drugs.