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) Year-End report January - December 2020

Fri, Feb 12, 2021 08:00 CET

Double-digit organic growthOctober - December · Net sales amounted to 298.1 MSEK (288.6), an increase by 3.3 percent, and organically* an increase by 10.0 percent. · Operating profit amounted to 59.6 MSEK (37.9). · The operating margin amounted to 20.0 percent (13.1). · Result after tax amounted to 44.4 MSEK (18.5). · Earnings per share was 0.68 SEK (0.28) before and after dilution. · The cash flow from operating activities increased to 87.5 MSEK (76.3). · Net cash* at December 31 was 157.0 MSEK (net debt -69.2). · Cash and cash equivalents amounted to 371.3 MSEK (

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Biotage AB (publ) Year-End report January - December 2020