Q1 2021 Biogaia AB Interim Management Statement Call Transcript
Ladies and gentlemen, welcome to the BioGaia Q1 Report 2021. Today, I'm pleased to present CEO, Isabelle Ducellier; and CFO, Alexander Kotsinas. (Operator Instructions)
Isabelle, please begin.
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Thank you so much, and dear shareholders, welcome to BioGaia's Interim Management Statement Q1 2021. We are actually satisfied to present you a good Q1 at plus 10% sales at SEK 202 million versus last year SEK 183 million, which represents a 21% organic growth excluding currency. These good results are driven by both the Americas and the APAC region and our focus on multichannel approach. But I have to underline that we have as well moved some order planned for Q2 into the last week of Q1, following the request on some of our clients who didn't want to be out of stock. And I know I'm very well aware that the market doesn't like supplies, even if they are good. But for BioGaia, I mean, the customer is king so they got their order in Q1.
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