12:08:33 Europe / Stockholm
Svenska | English
Investor Relations
Public Relations

BICO Group

Bifogade filer

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Prenumeration

Kalender

2025-02-19 Bokslutskommuniké 2024
2024-11-13 Kvartalsrapport 2024-Q3
2024-08-20 Kvartalsrapport 2024-Q2
2024-05-21 Ordinarie utdelning BICO 0.00 SEK
2024-05-20 Årsstämma 2024
2024-05-07 Kvartalsrapport 2024-Q1
2024-02-20 Bokslutskommuniké 2023
2023-11-14 Kvartalsrapport 2023-Q3
2023-08-22 Kvartalsrapport 2023-Q2
2023-05-10 Ordinarie utdelning BICO 0.00 SEK
2023-05-09 Årsstämma 2023
2023-05-04 Kvartalsrapport 2023-Q1
2023-02-22 Bokslutskommuniké 2022
2022-12-14 Extra Bolagsstämma 2022
2022-11-09 Kvartalsrapport 2022-Q3
2022-08-24 Kvartalsrapport 2022-Q2
2022-05-18 Kvartalsrapport 2022-Q1
2022-04-27 Ordinarie utdelning BICO 0.00 SEK
2022-04-26 Årsstämma 2022
2022-02-23 Bokslutskommuniké 2021
2021-11-17 Extra Bolagsstämma 2021
2021-11-10 Kvartalsrapport 2021-Q3
2021-08-18 Kvartalsrapport 2021-Q2
2021-05-12 Kvartalsrapport 2021-Q1
2021-04-27 Ordinarie utdelning BICO 0.00 SEK
2021-04-26 Årsstämma 2021
2021-02-25 Bokslutskommuniké 2020
2020-12-18 Ordinarie utdelning BICO 0.00 SEK
2020-12-17 Extra Bolagsstämma 2020
2020-10-22 Kvartalsrapport 2020-Q3
2020-04-09 Kvartalsrapport 2020-Q2
2020-01-20 Kvartalsrapport 2020-Q1
2020-01-10 Split BICO 1:4
2019-12-19 Ordinarie utdelning BICO 0.00 SEK
2019-12-18 Årsstämma 2020
2019-10-24 Bokslutskommuniké 2019
2019-08-26 Extra Bolagsstämma 2019
2019-07-11 Kvartalsrapport 2019-Q3
2019-04-10 Kvartalsrapport 2019-Q2
2018-12-14 Ordinarie utdelning BICO 0.00 SEK
2018-12-13 Årsstämma 2019
2018-10-24 Bokslutskommuniké 2018
2018-07-11 Kvartalsrapport 2018-Q3
2018-04-11 Kvartalsrapport 2018-Q2
2018-01-17 Kvartalsrapport 2018-Q1
2017-12-15 Ordinarie utdelning BICO 0.00 SEK

Beskrivning

LandSverige
ListaMid Cap Stockholm
SektorHälsovård
IndustriMedicinteknik
BICO Group är verksamma inom medicinteknik. Bolaget är specialiserade inom biokonvergens och tillhandahåller teknik, produkter och tjänster för biologi. Med fokus på applikationsområdena bioprintning, multiomics, cellinjeutveckling och diagnostik utvecklar och marknadsför bolaget teknik som gör det möjligt för forskare att odla celler i 3D-miljöer, genomföra läkemedelsscreening och skriva ut mänskliga vävnader och organ för medicinsk, läkemedels- och kosmetisk industri.
Publication of BICO Group interim report July – September 2023
2023-11-14 07:00:00

July-September 2023 (compared with July-September 2022)

  • Net sales amounted to SEK 587.2m (550.6), which corresponds to an increase of 6.6% (74.5) compared to the corresponding quarter previous year.
  • Organic sales growth for the quarter amounted to 6.6% and 16.3% excluding covid-19 related sales in Ginolis (27.8% including Ginolis and 29.6% excluding Ginolis).
  • The gross margin amounted to 69.2% (76.5).
  • Adjusted EBITDA amounted to SEK 69.2m (18.1), corresponding to a margin of 11.8% (3.3) and SEK 97.1m (17.8) excluding covid-19 related sales in Ginolis corresponding to a margin of 16.6% (3.5).
  • EBITDA amounted to SEK 64.2m (1.8), corresponding to a margin of 10.9% (0.3) and SEK 92.3m (3.3) excluding covid-19 related sales in Ginolis corresponding to a margin of 15.8% (0.7).
  • Net profit/loss for the quarter amounted to SEK -70.2m (66.5), corresponding to earnings per share before and after dilution of SEK -1.00 (1.04).
  • Cash flow from operating activities amounted to SEK 3.6m (-15.6).

January-September 2023 (compared with January-September 2022) 

  • Net sales amounted to SEK 1,629.0m (1,565.4), which corresponds to an increase of 4.0% (112.1) compared to the corresponding period previous year.
  • Organic sales growth for the period amounted to 3.6% and 11.7% excluding covid-19 related sales in Ginolis (23.6% including Ginolis and 27.7% excluding Ginolis).
  • The gross margin amounted to 67.7% (74.5%).
  • Adjusted EBITDA amounted to SEK 49.7m (35.3), corresponding to a margin of 3.1% (2.3) and SEK 137.9m (67.6) excluding covid-19 related sales in Ginolis corresponding to a margin of 8.6% (4.7).
  • EBITDA amounted to SEK 107.7m (-80.6), corresponding to a margin of 6.6% (-5.1) and SEK 271.6m (-43.4) excluding covid-19 related sales in Ginolis corresponding to a margin of 16.9% (-3.0).
  • Net profit/loss for the period amounted to SEK -1,087.0m (66.1), corresponding to earnings per share before and after dilution of SEK -15.40 (1.04).
  • Cash flow from operating activities amounted to SEK 16.4m (-200.3).

“BICO managed to deliver sales growth, despite a softer market. Cost control focus, right sizing and seasonal volume effect resulting in higher operational efficiency contributed with improved profitability.” 
Erik Gatenholm, President & CEO BICO Group AB

Q3 takeaways

  • Continued stable sales levels despite a softer market.
  • Improved profitability and EBITDA.

Significant events after Q3

  • Ginolis divested on November 10, 2023.
  • Maria Forss will assume office as BICO’s new CEO and President on November 20, 2023.

Presentation for media and investors
A telephone conference, with the opportunity to ask questions, will be held later today, on November 14, 2023, at 10:00am CET, at which President & CEO Erik Gatenholm and CFO Jacob Thordenberg will present the interim report. The presentation will be given in English.

Information about presentation and webcast
The presentation will be available on BICO’s website from 09:00am CET.
https://bico.com/investors/

If you wish to participate via webcast, please use the link below:
Via the webcast you can ask written questions.
https://ir.financialhearings.com/bico-q3-2023

If you wish to participate via teleconference, please register on the link below:
After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://conference.financialhearings.com/teleconference/?id=5004608

For further information, please contact:
Erik Gatenholm, President & CEO, BICO Group AB
Telephone US: +1 (650) 515-5566
Telephone Sweden: +46 73 267 00 00
E-mail: eg@bico.com

Jacob Thordenberg, Chief Financial Officer, BICO Group AB
Phone: +46 73 534 88 84
E-mail: jt@bico.com

This information is information that BICO Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-11-14 07:00 CET.

About BICO
BICO is a leading provider of life science solutions and laboratory automation that enable more efficient development of new treatments with more specificity and less need for animal testing.

The company uses bioconvergence as its operating system, combining advanced technologies with biology to streamline and automate workflows within the pharmaceutical and biopharma industries.

With 32,000+ instruments installed in over 65 countries, BICO products and solutions are found in more than 3,500 laboratories, including the world’s top 20 pharmaceutical companies, and have been cited in over 11,000 publications.

Operating through three business areas – Bioprinting, Biosciences and Bioautomation – the BICO Group strives towards the long-term ambition of enabling the reduction of the world’s organ shortage and speeding up drug development to create the future of life-saving treatments.

BICO is listed on Mid-Cap, Nasdaq Stockholm under BICO. www.bico.com

Attachments
Q3 2023 BICO ENG

Källa MFN
Enter your email address and you will get a mail for verification you subscription to content on this page and filter


Select the time zone location for site wide time

Europe
London
Oslo
Stockholm
Helsinki

America
New York / Eastern
Chicago / Central
Los Angeles / Western

Ett mail har skickats till den givna adressen. För att logga in, klicka på "Login" i mailet för att verifiera ditt konto

Företag

Pressmeddelanden