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Onsdag 28 Oktober | 21:01:18 Europe / Stockholm

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XVIVO - Stepping up the pace during 2024

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XVIVO - Stepping up the pace during 2024

2024-01-26 08:29:00

Redeye updates our outlook after Q4 2023. XVIVO delivers improved gross margins with a softer organic growth of 12% (CER) and a quarter with higher OPEX. Thoracic disposables recorded sales below expectations, with surprisingly high gross margins at 85% in Q4. The outlook remains positive, and the critical US Heart study has started. We reduce our base case to SEK 425 (450) with a Bull of SEK 850 (900) and a Bear of SEK 95 (105).

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/