Q2 2022 Biogaia AB Earnings Call Transcript
Good morning, and welcome to the BioGaia Conference Call. (Operator Instructions) Please note this event is being recorded.
I'd now like to turn the conference over to Isabelle Ducellier, CEO. Thank you, and over to you, ma'am.
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Thank you, and good morning, everybody. So following a very strong quarter -- first quarter, I'm actually very pleased to present yet another very strong quarter with sales up with 42%, mainly driven by strong growth in Europe and with plus 26% organic growth. I mean we are pretty proud to say that we outperformed the probiotics market during this quarter. In terms of EBIT, thanks to close cost monitoring, we can here as well present strong figures with an increase of 46%. And to end up this executive summary, it's worth mentioning a strong operating cash flow at SEK 87 million.
Next page, please. Looking at key events, I just would like to have your attention on the press release we found on 17th
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