Vitrolife AB (OSTO:VITR)

kr 217.4 0 (0%) Market Cap: 29.45 Bil Enterprise Value: 30.57 Bil PE Ratio: 0 PB Ratio: 2.24 GF Score: 89/100

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Q1 2019 Vitrolife AB Earnings Call Transcript

Apr 23, 2019 / 08:00AM GMT

Release Date Price: kr198.8 (-8.81%)

Transcript

Operator

Good morning, ladies and gentlemen, thank you for standing by, and welcome to the Vitrolife Interim Report January to March 2019 (Operator Instructions) I'd now like -- I must advise you, sorry, the conference is being recorded today, Tuesday, the 23rd of April 2019.

I would now like to hand the conference over to your first speaker today, Thomas Axelsson. Please, go ahead.

Thomas Axelsson;publ;CEO

Vitrolife AB

()-

Thank you very much, and welcome to Vitrolife Interim Report January-March 2019. The speakers today will be Mikael Engblom, CFO of Vitrolife; and myself, Thomas Axelsson, the CEO of Vitrolife.

So please go to page number 2 and we'll go through the summary of Q1. The Q1, for us, was a quarter with continuous high profitability and I would also like to comment that we had a new business unit for this quarter. So sales was SEK 312 million and it's a growth of 18%. The sales increase was 12% in local currency, where 4% was organic growth. EBITDA 40% margin and totaled SEK 126 million.

During

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