LONDON, February 5 /PRNewswire/ -- In a video interview Andrew Witty, GlaxoSmithKline CEO, described the pharmaceutical group's results as robust in a year that was always going to be challenging.
GSK also announced that it will cease providing EPS guidance, to allow a focus on longer term strategic goals.
Describing 2008 as a strategic turning point for GSK Mr Witty said: We started to make very clear what it would take to really make this company strong over the next few years and how we intend to ensure that we build a business, which can really prosper in a challenging environment.
GSK also announced expanded restructuring savings that the company says will be the catalyst to move from the old business model to the new business model.
The interview is available now on http://w3.cantos.com/glaxosmithkline .
It's free to view. All you need to do is register at http://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives.
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