Vitrolife AB (STU:VTFN)
ā‚¬ 18.72 -0.32 (-1.68%) Market Cap: 2.57 Bil Enterprise Value: 2.67 Bil PE Ratio: 0 PB Ratio: 2.25 GF Score: 87/100

Q2 2021 Vitrolife AB Earnings Call Transcript

Jul 15, 2021 / 08:00AM GMT
Release Date Price: ā‚¬42.08 (+0.43%)
Operator

Good day, and thank you for standing by, and welcome to the interim report January-June 2021. (Operator Instructions)

For your information, the conference is being recorded.

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

Thomas Axelsson;publ;CEO
Vitrolife AB

()-

Thank you very much, and welcome to the Interim Report January-June 2021. The speakers today will be Mikael Engblom, he's the CFO of the company; and myself, Thomas Axelsson, that is CEO of the company.

Please change page to them and go into the summary of the Q2. Q2, it was a quarter of good growth. Sales was SEK 382 million, and that was a growth in 83% in Swedish currency. Sales increased by 94% in local currency and the EBITDA with a margin of 39%, excluding onetime cost. I would also within -- together with Mikael in this interim report go through -- and happening after the closing date. And that is the announcement of an agreement to acquire 100% of Igenomix.

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