Q4 2020 Biogaia AB Earnings Call Transcript
Ladies and gentlemen, welcome to the BioGaia Q4 Report 2020. Today, I'm pleased to present Isabelle Ducellier, CEO. (Operator Instructions) Please begin your meeting.
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Yes. Thank you, and good morning, everybody. Isabelle and Alex here. So we're going to present you the quarter 4 2020 and speak about the whole year, 2020.
So if you go to Page 2, regarding our executive summary, what is important to remember. First, our total sales are minus 10%. But we have really to emphasize the fact that we've been particularly helped by the weak Swedish krona, especially towards the dollar. And so if you exclude this currency impact, the sales are down on the Q4 by only 4%. And obviously, as we said before, the main explanation, I mean, on top of the exchange is the currency is, as well, the COVID-19. So if we look at the full year perspective, our sales are down with 3% and 2% if you exclude the currency impact.
Looking at region.
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