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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Interim report January - September 2019

Tue, Nov 05, 2019 08:30 CET

A quarter of recordsThird quarter July - September 2019 · Net sales amounted to 282.7 MSEK (232.2), which is an increase by 21.7 percent compared to the corresponding quarter last year. At comparable exchange rates and adjusted for acqusitions[1)] sales increased by 8.1 percent. · Operating profit increased by 42.5 percent to 64.3 MSEK (45.1). · Result after tax increased by 51.3 percent to 66.6 MSEK (44.0). · Earnings per share increased to 1.02 SEK (0.68) before and after dilution. · The cash flow from operating activities increased to 80.0 MSEK (50.7). · Net debt[1)]

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Interim report January - September 2019