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Drugmaker Lundbeck beats forecasts but expects 2021 profit fall

COPENHAGEN, Feb 4 (Reuters) - Danish drugmaker Lundbeck on Thursday posted fourth-quarter earnings above expectations but said it expects lower sales and profit this year.

Lundbeck’s fourth-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) were 1 billion Danish crowns ($161.5 million), compared with 868.8 million crowns forecast by analysts. ($1 = 6.1925 Danish crowns) (Reporting by Tim Barsoe Editing by David Goodman )

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