Sanofi SA (SAN.FR) estimates that unfavorable currency effects will have a negative impact on its 2017 fourth-quarter sales, it said Tuesday.
Specifically, the French company said the impact would be of between 6% and 6.5%.
In the same release, Sanofi said the impact of one-time items generated by tax reform in the U.S. and France will be recorded in the financial statements of 2017.
The company is expected to present its fourth-quarter and full-year results on Feb. 7.
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