Q1 2023 Biogaia AB Earnings Call Transcript
Welcome to BioGaia Q1 Report for 2023. (Operator Instructions)
Now I will hand the conference over to CEO, Isabelle Ducellier. Please, go ahead.
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Thank you, and welcome to BioGaia Interim Management Statement Q1 '23, as we have already sent a revised profit warning. I think the good surprise effect is over, but I have some information that I think you will find interesting to add to that press release. So in this Q1 '23, once again, a very strong quarter. Now it's the seventh quarter in a row with a high double-digit increase. So, but record that's the first time in 1 quarter, then we sold more than SEK 300 million. So we sold SEK 366 million, which is our record for 1 quarter.
So a lot of record after the record '22 year at SEK 1 billion turnover. So we are very happy about that. And as we've been very cautious in terms of spending. You can see as well our EBIT margin that has increased to 40%. Next page, please.
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