Biotage

Biotage
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About BiotageBiotage is a Global Impact Tech Company committed to solving society’s problems. We offer workflow solutions and products to customers in drug discovery and development, analytical testing and water and environmental testing. Biotage is contributing to sustainable science with the goal to make the world healthier, greener and cleaner – HumanKind Unlimited. Our customers span a broad range of market segments including pharmaceutical, biotech, contract research and contract manufacturers as well as clinical, forensic and academic laboratories in addition to organizations focused on food safety, clean water and environmental sustainability. Biotage is headquartered in Uppsala in Sweden and employs 497 people worldwide. The Group had sales of 1,232 MSEK in 2021 and our products are sold in more than 80 countries. Biotage’s share (BIOT) is listed in the Large Cap segment on the NASDAQ Stockholm.Website: www.biotage.com

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Biotage AB (publ) Interim report January - March 2020

Tue, Apr 28, 2020 15:00 CET

Positive growth and strong cash flow First quarter · Net sales amounted to 277.3 MSEK (248.0), an increase by 11.8 percent compared to the corresponding quarter last year. At comparable exchange rates sales increased by 7.1 percent. · Operating profit increased by 23.2 percent to 61.4 MSEK (49.8). · Result after tax amounted to 61.3 MSEK (47.5). · Earnings per share amounted to 0.94 SEK (0.73) before and after dilution. · The cash flow from operating activities increased by 48.3 MSEK to 60.8 MSEK (12.5). · Net debt[1)] at March 31 was 27.5 MSEK (69.2). · Cash and

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Biotage AB (publ) Interim report January - March 2020