Q3 2019 Vitrolife AB Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to the Vitrolife Interim Report January to September 2019 Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, 6th of November 2019.
I would now like to hand the conference over to your first speaker today, Thomas Axelsson. Thank you. Please go ahead.
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Good morning, and thank you for listening in on Vitrolife Interim Report January to September 2019. The speakers today will be Mikael Engblom, he's the CFO of the company; and myself, Thomas Axelsson, the CEO.
So let's start to go through the quarter then with Page #2. In summary, the quarter was a good quarter with continued profitability. The sales of SEK 378 million and it was a growth of 33%. Sales increased by 27% in local currency, and out of that, it was 15%. It was an organic growth. EBITDA margin was 41% and in numbers, SEK 155 million.
Please change to Page #3 and Mikael and I will
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