Q1 2023 CellaVision AB Earnings Call Transcript
Welcome to CellaVision Q1 Report 2023. (Operator Instructions) Now I will hand the conference over to CEO, Simon Ostergaard. Please go ahead.
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Thank you very much, and thank you, everyone out there for taking the time to listen in to our Q1 report. I have CFO, Magnus Blixt, with me, and we'll be happy to answer any questions that may arise after the presentation of the report. So the quarter in brief, we landed a revenue of SEK 139 million, which translated into an EBITDA margin of 25%, SEK 35 million. This was not news to the audience. This is what was communicated a few weeks back in a special announcement. We found it appropriate to announce our results a little bit in advance for this quarter since we've had 3 quarters in a row that were relatively soft. The revenue decline was consequently translated into also the EBITDA margin of 25%, which is lower than our financial ambition.
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