Interim report Q1, 2024: Strong growth in APAC and solid margins
First quarter
- Sales of
SEK 841 (854) million, a flat growth in local currencies and a decrease of 2% in SEK. - Sales per region, in local currencies was +19% in APAC, -2% in EMEA and -14% in
Americas . - Sales per business area, in local currencies was +12% in Consumables, +8% in Technologies and -12% in Genetics.
- Gross margin increased to 57.1% (56.8).
- Operating income before depreciation and amortisation (EBITDA) increased to
SEK 272 (262) million, giving an EBITDA margin of 32.4% (30.6). - Operating cash flow increased to
SEK 198 million (160). - Net income was
SEK 115 (99) million, resulting in earnings per share ofSEK 0.85 (0.74). - The product area Genomics was previously reported in Consumables business area but is now part of Genetic Services business area, renamed to Genetics business area.
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