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Swedish Orphan Biovitrum AB Profit Climbs In Q4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Swedish Orphan Biovitrum AB (SWTUY.PK) announced earnings for its fourth quarter that increased from the same period last year

The company's earnings came in at SEK1.397 billion, or SEK4.02 per share. This compares with SEK1.026 billion, or SEK2.99 per share, last year.

Excluding items, Swedish Orphan Biovitrum AB reported adjusted earnings of SEK3.98 per share for the period.

The company's revenue for the period rose 8.6% to SEK7.436 billion from SEK6.844 billion last year.

Swedish Orphan Biovitrum AB earnings at a glance (GAAP) :

-Earnings: SEK1.397 Bln. vs. SEK1.026 Bln. last year.
-EPS: SEK4.02 vs. SEK2.99 last year.
-Revenue: SEK7.436 Bln vs. SEK6.844 Bln last year.

Looking ahead, for the full-year 2025, the company expects its revenue to grow by a high single-digit percentage at CER, with adjusted EBITA margin to be in the mid-30s percentage of revenue.

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