BioGaia AB (OTCPK:BIOGY)
$ 11.5 0.5 (4.55%) Market Cap: 1.16 Bil Enterprise Value: 1.06 Bil PE Ratio: 28.87 PB Ratio: 7.38 GF Score: 98/100

Q3 2022 Biogaia AB Earnings Call Transcript

Oct 21, 2022 / 07:30AM GMT
Release Date Price: $7.5
Operator

Welcome to the BioGaia Audiocast with Teleconference Q3 2022. (Operator Instructions) Today, I am pleased to present CEO, Isabelle Ducellier; and CFO, Alexander Kotsinas. Speakers, please begin.

Isabelle Valerie Ghislaine Ducellier;publ;CEO;President
BioGaia AB

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Thank you, and welcome, everybody, to BioGaia's Q3 interim management statement. And indeed, we are -- I'm kind of happy with the Q3 sales and figures in general. That's the fifth quarter in a row with double-digit growth, and Q3 shows a strong -- net sales increased by 48% and the year-to-date at 33% for (inaudible) SEK 30 million. The operating profit is increasing by 40% at SEK 94 million, and our operating margin is at 36%. And Alex will comment the cash flow later on.

Next page, please. If you go through the key events. So outside of the 2 reverse profit warning, we did one for Q1 and one for Q2 -- sorry, one for Q2 and one for Q3. We have been announcing that we just opened a pilot plant at Eslöv, so (inaudible) production, where we

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